[Price Reporting] Stainless Steel : 254SMO

[Price Reporting] Stainless Steel : 254SMO 1. Reporting Duration: June 2, 2025 – June 6, 2025 2. Introduction to Metals: Alloy Price Analysis including Stainless Steel 3. Summary: During the June 2-6, 2025 trading period, 254SMO alloy prices showed slight upward movement, closing at $5.97 per kilogram. This increase was influenced by rising raw material costs, particularly nickel, high-carbon ferrochrome, and molybdenum oxide. Nickel prices continued to climb, driven by demand from electric vehicles and stable global supply expectations. High-carbon ferrochrome and molybdenum oxide also saw pr...