Nickel prices on the London Metal Exchange (LME) could not confirm the upwards trend to just over USD 10,500.00/mt. Repeated downwards corrections have led to a level around USD 9,200.00/mt. Prices have now almost reached the levels of the financial crisis in 2008/2009 when prices were at the low of USD 8,850.00/mt. The comparison does show how artificial price determination is at the moment. Fundamental similarities to the situation in 2008/2009 cannot really be made, when trade volume collapsed by up to 80%. Quite the opposite, for demand in commodities is perhaps not touching record levels, but....
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.