2. Introduction to Metals: Alloy Price Analysis including Stainless Steel
3. Summary: Between March 10 and March 14, 2025, the prices of 2205 Duplex and 2507 Duplex alloys declined by $0.03 per kg. This decrease was primarily driven by a drop in molybdenum oxide prices and uncertainty in the steel market. While iron prices saw a slight increase, they had a minimal effect on the alloys’ price movement. The main factor behind the decline was the reduced demand for molybdenum oxide, impacted by lower spot purchases from U.S. steelmakers and weaker offshore markets. In the future, the prices of these alloys will depend largely on molybdenum oxide prices and market conditions, with a continuing downward trend expected unless global economic recovery occurs.
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00. [Price Reporting] Stainless Steel – 2205 Dupelx, 2507 Duplex
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