Global Market (GLOBAL) · USD
| Market | Price (USD/oz t) | Status |
|---|---|---|
|
Global Market
viewing
GLOBAL · XX
|
$157.26
per oz t
|
Open |
Rhenium is a rare, refractory transition metal used mainly in high-temperature superalloys for jet engines and gas turbines and as catalysts in petroleum refining and specialty chemical processes. Its critical role in aerospace and refining makes it a strategic industrial metal with demand closely tied to aircraft production cycles and refinery activity. Prices are driven by extreme scarcity and limited primary sources (typically recovered as a byproduct of molybdenum/copper production), small tradable volumes and recycling rates, plus purity/form specifications and geopolitical or refinery-margin shifts that affect supply and demand.