For the Quarter Ending June 2026
Hastelloy Prices in APAC
- In India, the Hastelloy Price Index was assessed at USD 150,000/MT in Q2 2026, supported by firm nickel and molybdenum prices.
- Hastelloy production costs faced upward pressure from a 4.1% PPI increase in June 2026, despite some commodity price declines.
- Hastelloy demand outlook remained strong, supported by an expanding Manufacturing Index in Q2 2026.
- Industrial Production increased by 5.3% year-on-year in June 2026, boosting demand for high-performance alloys.
- Raw materials inventory in the manufacturing sector declined in Q2 2026, indicating sustained procurement for Hastelloy inputs.
- Molybdenum prices showed an upward trend in June 2026, contributing to Hastelloy production cost considerations.
- China's exports expanded significantly in Q2 2026, reflecting resilient external demand for industrial goods.
- Chromium ore prices gradually slid downward in Q2 2026, easing some cost pressures for Hastelloy manufacturers.
- High-tech manufacturing, driven by AI-related demand in June 2026, provided strong impetus for Hastelloy applications.
Why did the price of Hastelloy change in June 2026 in APAC?
- Rising PPI by 4.1% in June 2026 increased input costs for Hastelloy production.
- Strong industrial production, up 5.3% in June 2026, boosted demand for Hastelloy.
- Molybdenum prices trended upward in June 2026, impacting Hastelloy manufacturing expenses.
Hastelloy Prices in North America
- In the United States, the Hastelloy Price Index rose quarter-over-quarter in Q2 2026, driven by increased production costs.
- Hastelloy production costs increased in June 2026, influenced by a 5.5% year-over-year rise in the Producer Price Index.
- Overall operational costs for Hastelloy producers rose due to a 3.5% year-over-year CPI in June 2026.
- Demand for Hastelloy expanded modestly in Q2 2026, supported by 0.7% year-over-year industrial production growth in June 2026.
- Strong retail sales, up 6.9% year-over-year in May 2026, indirectly boosted Hastelloy demand through economic activity.
- Aerospace output rose in April 2026, and manufacturing output climbed during April and May 2026, increasing Hastelloy demand.
- US Raw Nickel and Molybdenum trade volumes in April 2026 impacted Hastelloy feedstock supply dynamics.
- A healthy labor market, with 4.2% unemployment in June 2026, supported industrial investment and Hastelloy demand.
Why did the price of Hastelloy change in June 2026 in North America?
- Hastelloy producer costs rose due to a 5.5% year-over-year PPI increase in June 2026.
- Modest 0.7% year-over-year industrial production growth in June 2026 supported Hastelloy demand.
- Decreased US Raw Nickel trade volumes in April 2026 impacted Hastelloy feedstock supply
Hastelloy Prices in Europe
- In Germany, the Hastelloy Price Index fell quarter-over-quarter in Q2 2026, influenced by contracting industrial activity and declining nickel prices.
- Hastelloy production costs experienced mixed trends in Q2 2026, with rising European energy prices in June 2026 and declining nickel prices.
- The Hastelloy demand outlook remained weak in Q2 2026, as Germany's Manufacturing Index contracted in June 2026.
- Industrial production in Germany was unchanged at 0.0% year-on-year in May 2026, limiting demand for new Hastelloy applications.
- Overall operational expenses for Hastelloy producers rose, with CPI increasing by 2.3% year-on-year in June 2026.
- Producer prices for industrial products increased by 2.2% year-on-year in May 2026, impacting Hastelloy raw material costs.
- The global nickel market shifted towards a more balanced phase in Q2 2026, driven by supply discipline in Indonesia.
- German exports of goods and services rose in April 2026, with increased deliveries to the EU and US.
Why did the price of Hastelloy change in June 2026 in Europe?
- Contracting industrial activity in Germany in June 2026 dampened Hastelloy demand.
- Rising European energy prices and falling nickel prices impacted Hastelloy production costs in June 2026.
- Stagnant industrial production in May 2026 limited new Hastelloy project investments.
For the Quarter Ending March 2026
Hastelloy Prices in North America
- In United States, the Hastelloy Price Index rose quarter-over-quarter in Q1 2026, driven by elevated producer prices.
- The Hastelloy Production Cost Trend increased in March 2026 as producer prices rose 4.0% year-over-year.
- Consumer inflation reached 3.3% year-over-year in March 2026, pushing the Hastelloy Price Index upward.
- The Manufacturing Index expanded in March 2026, which supported a positive Hastelloy Demand Outlook.
- Industrial production grew 0.7% year-over-year in March 2026, limiting Hastelloy demand in the mining sector.
- Retail sales increased 4.0% year-over-year in March 2026, driving Hastelloy demand in petrochemical refining.
- The 4.3% unemployment rate in March 2026 delayed major capital projects requiring specialty alloys.
- Consumer confidence hit 91.8 in March 2026, leading to a cautious Hastelloy Price Forecast.
- Net electricity generation strengthened in February 2026, supporting Hastelloy usage in power generation equipment.
- European chemical demand weakened in January 2026, while US chemical feedstock production outpaced oil.
Why did the price of Hastelloy change in March 2026 in North America?
- Producer prices rose 4.0% year-over-year in March 2026, directly increasing raw metal input costs.
- Regional wholesale electricity prices strengthened in March 2026, elevating energy-intensive melting and forging expenses.
- The Manufacturing Index expanded in March 2026, driving industrial activity and supply chain velocity.
Hastelloy Prices in APAC
- In China, the Hastelloy Price Index remained stable quarter-over-quarter in Q1 2026, reflecting stabilized market demand.
- The Hastelloy Production Cost Trend increased in March 2026 as the Producer Price Index rose 0.5%.
- The Hastelloy Demand Outlook strengthened in March 2026 because industrial production grew 5.7%, boosting equipment needs.
- The Hastelloy Price Index found support in March 2026 as the Consumer Price Index increased 1.0%.
- During March 2026, the Manufacturing Index expanded, directly driving Hastelloy consumption for new industrial equipment build-outs.
- In March 2026, retail sales grew 1.7% and unemployment reached 5.4%, limiting consumer chemical processing expansions.
- The Hastelloy Price Forecast moderated when consumer confidence registered 91.6 in February 2026, reducing aerospace orders.
- Molybdenum concentrate costs rallied in February 2026 before consolidating at elevated levels during March 2026.
- Refined nickel production expanded in March 2026 while social nickel inventories depleted steadily throughout the month.
Why did the price of Hastelloy change in March 2026 in APAC?
- Molybdenum concentrate feedstock costs rallied strongly in February 2026, elevating overall Hastelloy alloy production expenses.
- Chemical processing equipment demand stabilized in Q1 2026, providing consistent baseline consumption for the alloy.
- The Manufacturing Index expanded in March 2026, driving increased factory activity and industrial material requirements.
Hastelloy Prices in Europe
- In Germany, the Hastelloy Price Index remained stable quarter-over-quarter in Q1 2026, balancing weak demand and restricted supply.
- The Consumer Price Index rose 2.7% in March 2026, reflecting energy spikes impacting Hastelloy production costs.
- The Producer Price Index declined slightly by -0.2% in March 2026, reflecting easing broader upstream industrial costs.
- Industrial production stagnated at 0.0% in February 2026, softening the immediate Hastelloy Demand Outlook for machinery.
- The Manufacturing Index expanded in March 2026, reflecting recovering industrial activity for high-grade Hastelloy applications.
- The unemployment rate remained stable at 4.2% in February 2026, sustaining baseline infrastructure and energy sector investments.
- Global nickel feedstock costs weakened throughout Q1 2026, providing relief to the Hastelloy Production Cost Trend.
- European nickel supply faced restrictions during Q1 2026, impacting availability and supporting the Hastelloy Price Forecast.
Why did the price of Hastelloy change in March 2026 in Europe?
- German energy prices spiked in March 2026, significantly increasing energy-intensive metallurgy costs for Hastelloy.
- European nickel supply faced persistent restrictions in Q1 2026, tightening availability for regional alloy producers.
- Global molybdenum production faced downward pressure in Q1 2026, further tightening essential feedstock availability.
For the Quarter Ending December 2025
Hastelloy Prices in North America
- In United States, Hastelloy Price Index remained stable in Q4 2025, as falling nickel prices balanced rising industrial costs.
- Hastelloy production costs faced upward pressure from a 2.7% CPI increase year-over-year in December 2025.
- Producer input costs for Hastelloy rose, indicated by a 3.0% PPI increase year-over-year in November 2025.
- Hastelloy demand outlook was bullish due to a 2.0% year-over-year industrial production increase in December 2025.
- Global nickel prices, a key Hastelloy feedstock, continued downward, and inventories swelled in Q4 2025.
- Manufacturing new orders and shipments returned positive in December 2025, supporting Hastelloy demand.
- A 4.4% unemployment rate in December 2025 supported economic activity, indirectly boosting Hastelloy demand.
- Hastelloy price forecast indicated stability, as strong industrial demand balanced lower feedstock costs in Q4 2025.
Why did the price of Hastelloy change in December 2025 in North America?
- Rising industrial production in December 2025 increased demand for Hastelloy in various applications.
- Falling global nickel prices through year-end 2025 reduced a significant Hastelloy production cost.
- Increased producer input costs, shown by November 2025's 3.0% PPI rise, pressured Hastelloy prices upward.
Hastelloy Prices in APAC
- In China, the Hastelloy Price Index fell quarter-over-quarter in Q4 2025, driven by the -1.9% Producer Price Index YoY in December 2025.
- Hastelloy demand outlook strengthened in December 2025, as China's Manufacturing Index expanded.
- Industrial production in China advanced by 5.2% YoY in December 2025, supporting Hastelloy demand in industrial sectors.
- Hastelloy production costs faced upward pressure as input costs for manufacturing rose in December 2025.
- Nickel inventories, a key Hastelloy feedstock, accumulated on major exchanges in November 2025.
- China's total nickel sulphate imports increased in December 2025, enhancing feedstock availability for Hastelloy production.
- Low Consumer Price Index of 0.8% YoY in December 2025 indicated weak inflationary pressure.
- Future nickel supply concerns emerged in Q4 2025 due to Indonesia's reduced 2026 nickel ore production quotas.
Why did the price of Hastelloy change in December 2025 in APAC?
- Weak producer pricing power, indicated by the -1.9% Producer Price Index YoY in December 2025.
- Rising input costs for manufacturing in December 2025 exerted upward pressure on Hastelloy production expenses.
- Strong industrial production, up 5.2% YoY in December 2025, supported Hastelloy demand.
Hastelloy Prices in Europe
- In Germany, the Hastelloy Price Index declined quarter-over-quarter in Q4 2025, driven by weakening industrial demand.
- Hastelloy production costs faced downward pressure as the Producer Price Index fell by 2.5% year-on-year in December 2025.
- The demand outlook for Hastelloy was bearish, with the Manufacturing Index contracting during December 2025.
- Industrial production in Germany expanded modestly by 0.8% year-on-year in October 2025, providing limited support for Hastelloy demand.
- Consumer confidence remained low at -17.5 in December 2025, indirectly impacting broader industrial investment for Hastelloy applications.
- Retail sales grew by 1.1% year-on-year in November 2025, offering a neutral to slightly bullish signal for the economy.
- The Consumer Price Index increased by 1.8% year-on-year in December 2025, reflecting controlled inflation for operational costs.
- A moderate unemployment rate of 6.2% in December 2025 suggested a stable but not robust labor market.
Why did the price of Hastelloy change in December 2025 in Europe?
- Producer Price Index declined by 2.5% year-on-year in December 2025, indicating lower input costs.
- The Manufacturing Index contracted in December 2025, signaling reduced industrial activity and demand.
- Low consumer confidence at -17.5 in December 2025 indirectly dampened overall industrial investment.
For the Quarter Ending September 2025
Hastelloy Prices in North America
- In the USA, the Hastelloy Price Index rose by 6.13% quarter-over-quarter, reflecting firmer alloy demand.
- The average Hastelloy price for the quarter was approximately USD 55946.67/MT, supported by sustained fabrication demand.
- Hastelloy Spot Price strengthened on reduced mill throughput and stronger aerospace and chemical fabrication orders.
- Hastelloy Price Index reflected constrained domestic supply and improved margins, supporting near term transactional activity.
- Hastelloy Production Cost Trend showed higher nickel and molybdenum feedstock inputs pressuring alloy mill margins modestly.
- Hastelloy Demand Outlook remains positive from energy and chemical sectors, sustaining orderbooks through seasonal maintenance cycles.
- Hastelloy Price Forecast expects measured appreciation given balanced supply tightening and steady downstream fabrication demand.
- Operational restarts and reduced turnarounds improved availability, influencing the Hastelloy Price Index and transactional spot volumes.
Why did the price of Hastelloy change in September 2025 in North America?
- Reduced domestic mill throughput tightened supply as maintenance and delayed feedstock deliveries constrained output volumes.
- Stronger end market demand from energy and chemical sectors increased orderbooks, lifting transactional activity and price support.
- Higher nickel and molybdenum feedstock prices raised production cost pressures, narrowing mill margins and boosting contract pricing.
Hastelloy Prices in APAC
- In Japan, the Hastelloy Price Index rose by 2.3041% quarter-over-quarter, reflecting firmer domestic fabrication demand.
- The average Hastelloy price for the quarter was approximately USD 92500/MT, quoted on FOB Osaka transactional basis.
- Hastelloy Spot Price tightened as localized orders increased, supporting upward pressure on the Price Index.
- Hastelloy Demand Outlook remained cautiously positive with steady orders from chemical and power regional sectors.
- Hastelloy Production Cost Trend showed modest increases driven by alloying element and energy cost inflation.
- Hastelloy Price Forecast reflects limited upside unless export demand surges or major plant outages occur.
- Inventory levels tightened at regional distributors, influencing the Hastelloy Price Index through reduced immediate availability.
- Operational status at major Japanese producers remained stable, supporting sustained supply and moderate Price Index gains.
Why did the price of Hastelloy change in September 2025 in APAC?
- Stronger regional fabrication demand increased purchases, tightening supply and lifting local Price Index spot premiums.
- Incremental rises in alloy feedstock and energy costs pushed production costs higher, reducing margin tolerance.
- Logistics constraints and limited export flows from nearby hubs constrained availability, supporting higher spot premiums.
Hastelloy Prices in Europe
- In Germany, the Hastelloy Price Index rose by 1.779% quarter-over-quarter, driven by high-grade alloy availability.
- The average Hastelloy price for the quarter was approximately USD 51680/MT, reflecting firm orderbooks regionally.
- Hastelloy Spot Price firmed as order intake supported the Price Index despite muted export inquiries.
- Hastelloy Price Forecast suggests modest upward pressure as sourcing constraints balance with cautious procurement behavior.
- Hastelloy Production Cost Trend reflects higher nickel and molybdenum feedstock prices pressuring margins mill operators.
- Hastelloy Demand Outlook remains supportive from chemical processing and energy sectors, sustaining order visibility mills.
- Inventory destocking softened momentum, yet the Hastelloy Price Index held around multiquarter averages amid flows.
- Major mill maintenance and uptime shifts influenced regional availability and export demand, tightening Hastelloy segments.
Why did the price of Hastelloy change in September 2025 in Europe?
- Domestic mill maintenance reduced available high-grade inventory, tightening local supply and supporting prices during September.
- Procurement from energy and chemical sectors boosted demand versus subdued export inquiries, lifting price momentum.
- Elevated nickel and molybdenum feedstock prices pressured production margins, influencing the Price Index upward modestly.
Hastelloy Prices in MEA
- In United Arab Emirates, the Hastelloy Price Index rose by 1.62% quarter-over-quarter, reflecting modest buying.
- The average Hastelloy price for the quarter was approximately USD 52800.33/MT, reflecting realized contract settlements.
- Hastelloy Spot Price showed muted gains as export inquiries cooled and onshore demand remained selective.
- Hastelloy Price Forecast signals limited upside amid steady production, cautious buying, and thin arbitrage opportunities.
- Hastelloy Production Cost Trend ticked higher as energy and alloy feedstock costs edged upward modestly.
- Hastelloy Demand Outlook remains mixed as fabricators restart projects while end users keep inventories conservative.
- Hastelloy Price Index movements reflected warehouse inventory draws and disciplined export allocations limiting price volatility.
- Major regional producers ran near normal rates, supporting supply continuity while keeping significant outages unlikely.
Why did the price of Hastelloy change in September 2025 in MEA?
- Sustained regional buying against steady exports created modest upward pressure despite generally subdued spot inquiry levels.
- Slight alloy feedstock and energy cost increases lifted the Hastelloy Production Cost Trend, compressing margin flexibility.
- Improved port handling and logistics reduced lead times, tightening local availability and supporting price resilience.
