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Daily Nickel/Stainless Steel Briefing (8:00 AM CST is 1PM in London) Dow Jones reports three month nickel closed Wednesday’s trading session at $8.19/lb . Indicators at 7:00 am CST today show 3 month nickel trading around $.10/lb higher, with all London traded base metals trading higher this morning. Stockpiles of nickel stored in LME warehouses […]
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Daily Nickel/Stainless Steel Briefing Nickel on the LME went untraded yesterday. Indicators at 6:00 am CST today show nickel trading around $.23/lb higher. Stockpiles of nickel stored in LME licensed warehouses fell on Friday and started today just under the 194,500 tonne level. Cancelled warrants came in very close to the 34% level on Friday. […]
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Research Notes – “It’s all kind of sad … and strange” U.S. DEPARTMENT OF STATE BACKGROUND NOTES: CUBA PUBLISHED BY THE BUREAU OF PUBLIC AFFAIRS NOVEMBER 1994 Cuba was the last major Spanish colony to gain independence. In a movement which began in 1850, Cuban planters financed and led several expeditions against Spanish garrisons. In […]
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2/11 Australian Mining – The president of Chinese aluminium giant Chinalco has stepped down before the expected completion of a multi-billion dollar deal with Rio Tinto. Xiao Yaqing’s resignation comes the day after Rio Tinto’s chairman designate Jim Leng unexpectedly resigned. Industry speculation has suggested that Leng resigned amid disagreements over the way Rio proposes […]
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or A common misconception about stainless steel is that is not affected by corrosion. While misleading, the phenomenal success of the metal makes this common belief understandable. One of New York City’s most impressive landmarks is the stainless steel clad peak of the Chrysler Building. Built in 1930 of 302 Stainless, a recent inspection revealed […]
Stainless Steel Technical Information for Engineers / Stainless Steel Literature and Associations Noteworthy Chlorine (like that in salt) can eat thru and destroy the thin protective layer of passivation that protects stainless steel from corrosion. If chlorine gets on your stainless, clean it with fresh water immediately. Chlorine is to stainless, like cancer is to […]
