2. Introduction to Metals: Alloy Price Analysis including Nickel Alloys
3. Summary: From March 17 to March 21, 2025, the price of Hastelloy alloys decreased due to falling prices of nickel, cobalt, and ferro-molybdenum. Hastelloy B(2), C4, C22, C276, G3, G30, S, and X all experienced price drops. The nickel price decreased by $0.39, primarily due to slowing stainless steel demand in China and rising inventories. Cobalt prices also plunged by $2.58, mainly due to reduced demand from China and the suspension of cobalt exports from the DRC. Ferro-molybdenum prices fell by $0.62, impacted by a slowdown in the European steel industry. Despite these declines, the prices of chromium and ferro tungsten increased, partially offsetting the price decreases. The future price of Hastelloy alloys will depend on the price movements of these elements.
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