Daily Metal Prices

  • Nickel $15.43USD
  • Molybdenum $64.61USD
  • AUD-USD X-Rate 0.64USD
 

Understanding Food Grade Stainless Steel: Benefits and Uses

The use of food grade stainless steel in the food processing industry is essential for ensuring safety, durability, and product quality. From production lines to kitchen equipment, the right stainless steel grade prevents contamination and withstands harsh environments. This material is popular among food manufacturers because it resists corrosion, supports rigorous cleaning, and ensures hygienic […]

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Is Stainless Steel Magnetic? Magnetism Explained

Stainless steel is renowned for its versatility, corrosion resistance, and use in countless industries. Yet, one question often arises: is stainless steel magnetic? The answer depends on its type, crystal structure, and chemical composition. Certain stainless steel grades exhibit magnetic properties, while others do not. Let’s delve into the details and explore what makes stainless […]

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Understanding Stainless Steel Tubing: A Dimensions Guide

Stainless steel tubing is an indispensable component across industries due to its unmatched durability, corrosion resistance, and wide range of sizes and dimensions. With its excellent mechanical properties and hygienic properties, stainless steel tubing is suitable for high-pressure environments, marine applications, and decorative uses. Selecting the right tube dimensions, including wall thickness, outer diameter, and […]

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304 vs 316 Stainless Steel: Understanding the Difference

When selecting stainless steel, choosing between 304 and 316 stainless steel is a key decision, especially when factors like corrosion, resistance and durability are critical. These two stainless steel alloys are the most commonly used, but their unique chemical compositions make them suited for different environments and applications. While both offer excellent corrosion-resistant properties, the […]

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Prochem Pipeline Products Acquisition

We are pleased to announce that on Thursday the 30th of November, Midway Metals Pty Ltd acquired Prochem Pipeline Products Pty Ltd. Established in 1982, Midway Metals is an 100% Australian owned company and is a leading supplier of stainless steel in Australia with products including coil, sheet, bar, tube, pipe, and fittings, with unparalled […]

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Midway Metals Expand Capabilities with Acquisition

Midway Metals has recently expanded its local stainless steel processing capabilities acquiring Outokumpu’s Australian operation, the only dedicated cold-rolled stainless steel coil service centre in Australia. The move cements the company’s market leading position in supporting Australian industry to deliver world-class products and projects. Midway Metals Managing Director, Paul Batty said the company has spent […]

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What Is Stainless Steel & How Do We Use It?

I spy with my little eye, something made out of stainless steel. Take a look around the room. How many times does stainless steel appear? Certainly more than once, and most likely in different forms serving very different purposes. Stainless steel is versatile and adaptable, but its benefits are leveled across all uses. We see […]

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How to Clean Stainless Steel: Removing Scratches

Stainless steel is an asset in your home, and offers incredible practicality and style to heavy use areas like the kitchen and laundry. Stainless steel is known for its durability and strength; however, this doesn’t mean it isn’t susceptible to scratches and stains. Abrasive cleaners, food and drinks can tarnish surfaces. For your stainless steel […]

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Stainless Steel Channel

Stainless steel channel is an extremely versatile product. It can be used in many different applications and sizes from general construction through to shower drainage. Stainless Steel Channel Sizes In bathrooms, stainless steel channel can be used to create a ‘no barriers’ bathroom. By having the channel inlayed in the floor, all drainage can happen […]

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Stainless Steel Prices Update

The monthly average stainless steel prices for both nickel and molybdenum are at 2 1/2 and 2 1/4 year highs respectively, with base prices for 304 Stainless Steel increasing by nearly USD 400/tonne (over 10%) during January 2011.

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