[Price Reporting] Stainless Steel : 35Ni25CrNb, 45Ni35CrNb, 50Ni50CrNb

 

1. Reporting Duration: March 17, 2025 – March 21, 2025
2. Introduction to Metals: Alloy Price Analysis including Stainless Steel
3. Summary: From March 17 to March 21, 2025, NiCrNb alloy prices declined. 35Ni25CrNb dropped by $0.14, 45Ni35CrNb decreased by $0.18, and 50Ni50CrNb saw a decrease of $0.13. The primary factors behind the price decline are falling nickel prices, which decreased by $0.39, and rising chromium prices, which went up by $0.15. Iron prices rose slightly due to supply constraints and steel protection measures in the EU, but this had minimal impact on the alloys. The price drop in nickel is largely due to oversupply, decreased demand in China, and rising inventories. Chromium prices increased due to supply shortages from key producers and increased demand from stainless steel manufacturers. In the future, NiCrNb alloy prices will be mainly affected by fluctuations in nickel and chromium prices, with alloys containing higher nickel content being more affected by price drops.

 

 

 

 

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00. [Price Reporting] Stainless Steel – 35Ni25CrNb, 45Ni35CrNb, 50Ni50CrNb