[Price Reporting] Stainless Steel : 254SMO – Week of October 5-9, 2026

[Price Reporting] Stainless Steel : 254SMO – Week of October 5-9, 2026 1. Reporting Duration : October 5, 2026 – October 9, 2026 2. Introduction to Metals : Alloy Price Analysis Including Stainless Steel 3. Summary : During the first week of October 2026, 254SMO stainless steel prices edged up to $7.43/kg, driven by cost-push pressures from key raw materials including high-carbon ferrochrome, nickel, and molybdenum oxide. Despite sluggish global downstream demand, strong production cost floors and supply-side controls—such as Indonesia’s nickel moratorium and China’s ma...