RHENIUM MARKETS GROWING – MAY 2015

Nickel-based superalloys used in modern aircraft jet engines account for approximately eighty percent of the world’s Rhenium (Re) demand. The manufacture of military and commercial aircraft jet engines consumes approximately 50 metric tons of Re annually. Rhenium-containing single crystal superalloy jet engine turbine blades operate at up to 1600˚C,…

RHENIUM-BASED BI-METALLIC ANTI-TUMOR AGENTS SHOW PROMISE IN THE FIGHT AGAINST CANCER

In the cutting-edge world of medical research, researchers have achieved success using rhenium as a component in bi-metallic anti-tumor agents in the fight against cancer. Re-based anti-tumor agents have produced promising results in current research, demonstrating their effectiveness as an anti-cancer agent. While more research is of course necessary…

WORLD STEEL PRICES UP

World steel prices were up in May 2015, for the first time in over a year. US distributors have been reducing their plentiful inventory levels for some time now, which is contributing to an uptick in steel prices. Increased demand for steel often leads to increased demand for steels’…

BISMUTH PRICES BOTTOM OUT IN APRIL 2015

The Bismuth market bottomed out in the middle of April, ending six months of decline. Prices have subsequently ticked higher.    

CHINESE EXPORTS OF TUNGSTEN CARBIDE SURGE AHEAD IN 2015

China’s exports of tungsten carbide were up more than 100% over last year during April 2015. The increase came as buyers in the US, Germany and Japan replenished their dwindling inventory levels.