Since our last report, nickel prices on the London Metal Exchange (LME) have risen by over USD 1,000.00/mt. After such a long time, the nickel price (finally) has a five digit number. The last time that prices had been over USD 10,000.00/mt was at the beginning of November 2015, which is about 8 months ago. From a fundamental point of view, a positive price correction had been long overdue after prices had been up and down, ranging between USD 8,000.00/mt and USD 9,000.00/mt for so long, and the supply of many off-grade qualities had been decreasing. And also the cost curve for the metal, at present, despite significant cost relief through lower energy costs and firm USD rates, only allows for ...
Oryx Stainless is one of the leading companies trading in raw materials for the stainless steel production.
The core task of our business activities is the handling and processing of stainless steel scrap.
With us you stay at the top level, be it as supplier or customer.
Oryx Stainless customers include the most renowned stainless steel producers; its procurement is from a broad range of national and international suppliers.
We offer our business partners the ideal combination of various fortes: continuity, competence and individual support on the one hand, strength in balance sheets and international affairs on the other.
We stand at your side as a professional, innovative and far-sighted business partner.