[Price Reporting] Ni Alloys : Monel 400, Monel K-500

1. Reporting Duration: June 9, 2025 – June 13, 2025
2. Introduction to Metals: Alloy Price Analysis including Nickel Alloys
3. Summary: During the week of June 9-13, 2025, Monel alloy prices experienced a slight decline. Monel 400 and Monel K-500 prices fell by $0.24 and $0.23, respectively. This decline was driven by weaker prices of nickel and copper, the primary raw materials for Monel alloys. Key factors influencing these price movements include supply-side stability in nickel-producing regions like the Philippines and Indonesia. Additionally, global trade uncertainty, the US-China trade conflict, and concerns over interest rate hikes further contributed to market volatility.

In the short-term, Monel alloy prices are expected to remain under pressure due to weak raw material prices and trade uncertainty. However, as the global economy recovers and demand from industries like marine, petrochemical, and aerospace picks up, Monel alloy prices are likely to rise in the medium- to long-term. Supply chain risks and demand imbalances may also lead to price volatility in the future.