[Price Reporting] Co Alloys : X-45

1. Reporting Duration: February 24, 2025 – February 28, 2025
2. Introduction to Metals: Alloy Price Analysis including Cobalt Alloys
3. Summary : From February 24 to 28, 2025, X-45 alloy prices rose by $1.64, driven by increasing prices of cobalt, nickel, molybdenum, and tungsten. Cobalt prices spiked due to a four-month export suspension by Congo, while nickel rose amid supply uncertainty in the U.S. Molybdenum prices increased due to a new long-term contract, and tungsten prices surged following China’s tightened export controls. The price of X-45 alloy is expected to remain high due to ongoing supply chain instability and rising demand for these key metals, though it may adjust as supply chains stabilize.

 

 

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00. [Price Reporting] Co Alloys – X-45