Hafnium Prices Hit Record Highs as Structural Shortage Tightens Aerospace and Semiconductor Supply Chains

Hafnium Hafnium has entered uncharted territory. With Super Metal Price’s inaugural US assessment settling at $6,125–6,800/lb ddp on 30 April, the rare refractory metal is now trading at levels that eclipse the 2023 peak of roughly $7,000/kg — a high that itself was considered extraordinary at the time. What is unfolding in the hafnium market is no longer a cyclical squeeze. It is a structural shortage driven by colliding demand from aerospace superalloys, industrial gas turbines (IGTs), and high-performance semiconductors, layered on top of Chinese export controls and US tariff friction...