[Price Reporting] Stainless Steel : Supertherm

[Price Reporting] Stainless Steel - Supertherm
[Price Reporting] Stainless Steel – Supertherm
1. Reporting Duration: February 25, 2025 – February 27, 2025
2. Introduction to Metals: Alloy Price Analysis including Stainless Steel
3. Summary : Supertherm prices have risen from $11.58 to $11.98 per kilogram, driven by higher costs of nickel, cobalt, and ferrotungsten. Nickel prices increased due to supply uncertainty and growing demand, especially from the electric vehicle sector. Cobalt prices surged after the Democratic Republic of Congo suspended exports to address illegal mining and oversupply. Ferrotungsten prices rose due to supply disruptions, particularly in Europe. As a result, Supertherm prices are expected to remain high.

 

 

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00. [Price Reporting] Stainless Steel – Supertherm

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