[Price Reporting] Stainless Steel : Alnico 1, Alnico 2, Alnico 3, Alnico 4, Alnico 5

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, Alnico alloy prices decreased. Alnico 1 dropped by $0.21, Alnico 2 by $0.40, Alnico 3 by $0.10, Alnico 4 by $0.24, and Alnico 5 by $0.67. This was primarily due to the decline in the prices of key elements such as aluminum, nickel, and cobalt.

Although iron prices slightly increased, it had a minimal impact on Alnico alloys. Aluminum prices fell due to weakening demand and expectations of increased European exports. Nickel and cobalt prices also declined due to oversupply and weakening demand.

Going forward, Alnico alloy prices are expected to remain volatile, influenced by fluctuations in nickel, cobalt, and aluminum prices. In the short term, a continued downward trend is likely.

 

 

 

 

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00. [Price Reporting] Stainless Steel – Alnico 1, Alnico 2, Alnico 3, Alnico 4, Alnico 5