ORYX STAINLESS GROUP

We trade globally in raw materials for the stainless steel industry.

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Oryx Commodity News

No one goes completely

Nickel prices on the London Metal Exchange (LME) have been a little more positive and asserted themselves quite well last week, trading within a range of USD 15,000/mt to USD 16,000/mt. The latest reports of two promising…

Toilet roll sales increase again

After nickel prices consolidated on the London Metal Exchange (LME), almost during all of September, down to a low of just over USD 14,000.00/mt, October saw a definite recovery. Prices firmed to around…

The Dunning-Kruger-Effect – too stupid!?

After reaching a new high of USD 15,810.00/mt on the London Metal Exchange (LME) on the 3rd September 2020 nickel took a well deserved rest. Prices are said to be consolidating, as the rise happened very quickly and almost linear, which brought rates into…

When the tide turns…

Similar to the picture on the international stock exchanges, the rise in nickel prices also continued on the London Metal Exchange. In the meantime a new high of USD 14,785/mt was reached. In the previous month, prices were initially below USD 13,000/mt before then firming up…

Every scandal needs a scapegoat

The increase in LME nickel prices has continued in recent weeks. A new high of just over USD 13,700/mt was reached mid July. In June prices were still below USD 13,000/mt. However, this should not hide the fact that volatility has recently…

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