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Gold, Platinum, and Zinc Hit 2008 Lows PDF Print E-mail
Wednesday, 13 August 2008
chart image

The prices of commodity and precious metals fell drastically Tuesday (August 12, 2008) with Gold, Platinum, Silver, and Zinc hitting 2008 lows.

Aluminum and Copper continued their slides, and Nickel continued to hover around $8.00 per pound.

 
Congratulations to our Chinese Friends PDF Print E-mail
Tuesday, 12 August 2008

The Chinese men's gymnastics team put on an amazing show last night. Rather than coast through the final round of events to an easy gold medal, they turned in three outstanding performances on the high bar.

They took the gold from the reigning Japanese championship team by a 7.25 margin in points, ending up with a team total of 286.125.

Li Xiaopeng
Image Copyright: Xinhua Photo

The Japanese took the Silver with a team score of 278.875, and our own American team brought home the Bronze on a spectacular pommel horse routine by Alexander Artemev.

Congratulations to all our friends in the Chinese metals industry, and to all their countrymen and women on what is becoming an Olympics to inspire a new generation of athletes the world over.

For a more in depth article on last night's performances, please visit Xinhuanet.com

 
ATTENTION: Hydrogen Generator and Fuel Cell Makers PDF Print E-mail
Monday, 11 August 2008

Small quantity coils of 316 L STAINLESS wire are now available from M Vincent. We have been flooded with calls and inquiries for small quantities of 316L Stainless Steel wire which is the material of choice for those who are engaged in making / experimenting with HYDROGEN GAS GENERATORS.

We now have ONE POUND SPOOLS of .035 diameter 316L Stainless Steel Wire available for immediate shipment from stock.

 
July 2008 Metal Pricing PDF Print E-mail
Friday, 01 August 2008

Daily Metals Pricing for July 2008.

Click on metal name to be taken to a line graph of 2008's pricing for that metal.

Daily Metals Prices July 2008
Date Aluminum
(per lb)
Copper
(per lb)
Gold
(per oz)
Nickel
(per lb)
Platinum
(per oz)
Silver
(per oz)
Zinc
(per lb)
July 31 1.33 3.75 918.00 8.45 1753.00 17.48 0.86
July 30 1.32 3.65 897.50 8.26 1726.00 17.12 0.84
July 29 1.33 3.67 916.75 8.28 1757.00 17.42 0.84
July 28 1.33 3.71 923.50 8.23 1756.00 17.47 0.82

July 25 1.32 3.70 920.50 8.26 1726.00 17.55 0.83
July 24 1.33 3.75 928.00 8.62 1729.00 17.52 0.86
July 23 1.35 3.77 926.50 9.18 1771.00 17.59 0.86
July 22 1.37 3.83 961.50 9.24 1865.00 18.60 0.86
July 21 1.35 3.81 960.50 9.25 1852.00 18.35 0.83

July 18 1.37 3.77 959.75 9.25 1849.00 18.55 0.81
July 17 1.39 3.76 965.50 9.27 1893.00 18.67 0.81
July 16 1.42 3.76 977.50 9.21 1951.00 18.83 0.80
July 15 1.46 3.84 986.00 9.41 1987.00 19.30 0.86
July 14 1.46 3.85 968.00 9.39 2017.00 18.69 0.90

July 11 1.49 3.85 962.75 9.82 2030.00 18.38 0.92
July 10 1.48 3.88 939.50 9.92 1999.00 18.17 0.87
July 9 1.40 3.79 927.25 9.30 1969.00 17.82 0.82
July 8 1.46 3.87 921.00 9.35 1987.00 17.62 0.82
July 7 1.45 3.88 916.75 9.31 1990.00 17.85 0.81

July 4 1.40 3.93 931.25 9.23 2012.00 18.01 0.79
July 3 1.43 4.07 934.00 9.51 2033.00 18.31 0.82
July 2 1.40 3.97 935.25 9.64 2070.00 17.92 0.84
July 1 1.40 3.95 937.50 9.86 2075.00 17.56 0.86
Source LME Cash LME Cash London PM LME Cash London PM London Fix LME Cash
Every effort is made to present the most accurate information possible, but we can take no responsibility for any errors, or actions taken by any party using this information. It is recommended that you independently verify the information offered here before you take any actions based on this information.
 
Nickel Prices Hit 2-year Low PDF Print E-mail
Monday, 28 July 2008

Weak demand for stainless steel in the U.S., Chinese, and European construction industries has pushed the commodity price of nickel to it's lowest point in two years.

Not since mid-June of 2006 has the London Metal Exchange closed with a lower nickel price than Friday July 25th's 18,215 USD per metric tonne (or $8.26 per pound).

The new 2008 low is nearly 50% down from this year's high price of 33,250 USD (or $15.08 per pound).

According to an article at SteelGuru.com China's Shanxi Taigang Stainless Steel Co is planning on producing stainless steel products with a lower nickel content.

With stockpiles rising, demand falling, and mills paying serious attention to lower nickel content stainless, we'd expect stainless steel producers to do much like the high-end nickel alloy mills have done and drastically cut production on specialty grades of stainless (like 316LVM, 15-5, and 13-8) to keep prices to distributors at current levels or higher.

 
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