| Product Name | Ruthenium |
| HS Code | 71104100 |
| Molecular Weight | 101.1 g/mol |
| Chemical Formula | Ru |
| Synonyms | 7440-18-8, Ruthenium black, rutenio |
| Region/Countries for which Data is available |
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| Currency | US$ (Data can also be provided in local currency) |
| Supplier Database Availability | Yes |
| Customization Scope | Our services can be customized as per the requirements of the customer |
| Post-Sale Analyst Support | 360-degree analyst support after service delivery |
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Ruthenium (Ru) is a rare chemical element from the metal group of platinum with an atomic number of 44. It has a silverish colour and is somewhat similar to platinum but is more brittle, harder, and rarer. It is a transition metal and inert to the most other chemicals too.
Ruthenium is usually discovered as a minor part of platinum ores. It is generally located in ores of the Ural Mountains in North and South America. Also, some amount is found in pentlandite that is derived from Sudbury, Ontario and in pyroxenite deposits in South Africa.
South Africa, Russia, Zimbabwe, Canada, and the United States are the global leaders in Ruthenium production.
Key Details About the Ruthenium Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Ruthenium price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.
The Ruthenium price chart, pricing database, and analysis can prove valuable for the procurement managers, directors, and decision-makers to build up their strongly backed up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting Ruthenium Price Trend:
Industrial uses of Ruthenium impacting its price trend primarily include its use in electrical and industrial appliances. It is also used in building or construction materials. Most of the metal found is used in wear-resistant electrical contacts as well as in thick-film resistors.
Ruthenium is capable of being used as a chemical catalyst and in platinum alloys. Recently ruthenium has been used as a capping layer for extreme ultraviolet photomasks.
Key Market Players:
- Umicore N.V
- BASF SE
- Russian Platinum
- Anglo American Platinum Limited
- Johnson Matthey
News and Events:
- July 21, 2022 – The price of Ruthenium has undergone a substantial upsurge reaching USD 850 a troy ounce from the previous USD 40 per Troy ounce as a result of the scarcity of thick film chip resistors. The price rise led the consumers to look for an alternative resistor design that is also based on thin film nickel.
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