GCX Exchange

Notes from the physical metals market

How the exchange matches orders, how a deal is priced and delivered, and what is moving in the market — written for people who trade metal, not for search engines.

What we write about

Ten sections. Each one is where a question actually comes up in a deal or in working with metal, not where a keyword happens to sit.

Articles

  • AISI 304 or 316: how they differ and which to choose

    Molybdenum, chlorides and service life: how AISI 304 differs from 316, where 304 is enough and when you cannot do without 316. Tables, GOST equivalents and an analysis of media.

  • AISI 201: how it differs from 304 and where it is used

    AISI 201 is an economical austenitic grade with manganese instead of nickel. Russian analogue 12Х15Г9НД, comparison with 304, magnetism, applications and the limits of substitution.