[Price Reporting] Stainless Steel : 904L1. Reporting Duration : February 2, 2026 – February 6, 2026 2. Introduction to Metals : Alloy Price Analysis Including Stainless Steel 3. Summary : From February 2–6, 2026, 904L stainless steel prices rose slightly from $7.54/kg to $7.83/kg, supported by modest gains in nickel, high-carbon ferrochrome, and molybdenum oxide. Nickel strengthened on stable supply and expectations of increased Indonesian production. High-carbon ferrochrome benefited from overseas supply constraints and rising European demand. Molybdenum oxide surged due to a U.S. plant...
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