[Price Reporting] Stainless Steel : Na22H, Super Na22H

1. Reporting Duration: April 22, 2025 – April 25, 2025 2. Introduction to Metals: Alloy Price Analysis including Stainless Steel 3. Summary: Between April 22 and 25, 2025, Na22H and Super Na22H alloy prices saw a slight decline despite upward pressure from rising cobalt and ferrotungsten prices. The primary factor limiting price increases was volatility in nickel, which remained the dominant influence due to supply-side issues and demand from China’s EV sector. Continued export disruptions in the DRC and China’s tightened export controls on tungsten are expected to drive raw material prices hi...