[Price Reporting] Stainless Steel : 254SMO1. Reporting Duration : October 13, 2025 – October 17, 2025 2. Introduction to Metals : Alloy Price Analysis Including Stainless Steel 3. Summary : 254SMO stainless steel prices slightly increased from October 13 to 17, 2025, primarily due to strong molybdenum oxide prices, while nickel prices declined and high-carbon ferrochrome remained stable. Molybdenum oxide rose by $1.30/kg, driven by strong Chinese concentrate prices and active Asian spot market trading. Nickel fell by $0.11/kg due to oversupply and weak European demand, exerting downward ...
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