The global AL6XN market appears to be navigating a delicate balance, where shifting industrial demand are defining the price landscape. As the U.S. and China market grapples with supply shortages and Germany struggles with oversupply.

The AL6XN prices in the USA rose by 7.5%, because of a supply shortage and rise in demand. From the supply perspective, domestic output is under stress. Furthermore, raw steel production is declining week by week, with capacity utilization going below last year's level. This limiting availability is further augmented by the recent addition of 25% tariffs on steel imports, leading to reduced foreign competition and enhanced pricing ability for local mills.

Additionally, industrial activity is gaining steam on the demand side for AL6XN. In addition, the global Manufacturing index showed expansion, as an expanding market, while the American steel industry is advancing its shift to furnace production. This steady demand is raising AL6XN usage and keeping prices strong.

The AL6XN prices reduced by 8.5% in Germany due to an increase in supply and a slowing down demand. Supply-wise, production capacity is increasing owing to significant industry developments. The Belval mill of ArcelorMittal is moving forward with its upgrade plan and increasing productivity. Additionally, demand for AL6XN however, is losing pace with weak performance across major consuming industries.

Passenger car sales fell in February 2025 and the building construction sector is also losing steam as a sign of economic restraint and high interest rates. Further, Thyssenkrupp Steel Europe's operations are being affected by suspended divestment negotiations at HKM, constraining slab production. All these factors add up to the existing softness in prices.

The AL6XN prices in China rose by 2.5%, fuelled by tightening supply and increase in demand. Additionally, the inventory for China's five key steel products also declined, recording a sharp year-on-year fall, as declining stockpiling and production cut impacted the availability of the product. The move is a strategic response to meeting government initiatives for the reduction of carbon emissions.

Meanwhile, Donghua Iron & Steel's investment in two new electric arc furnaces (EAF) at its Tangshan plant marks a move towards energy-saving, low-emission production. On the demand side for AL6XN, domestic market continues to be robust, with passenger vehicle sales in February, indicating steady growth. Moreover, the growth in new energy vehicle sales further underpins consumption. Consequently, all these factors together increase the prices of the product.

According to ChemAnalyst, prices of AL6XN in the US, China are expected to increase, decrease in supply levels. Meanwhile, the prices of AL6XN in Germany may reduce due to low demand.