Inconel prices showed significant increases across key markets in March xxxx, with varying growth rates reflecting regional economic conditions and construction sector performance. The nickel-based superalloy saw its strongest gains in the US, followed by China, with more modest growth in Germany.
Key Takeaways:
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Inconel prices increased xx in USA, xx in China, and xx in Germany during March
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Nickel prices surged over xx in March, directly impacting Inconel production costs
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China&#xx;s refined nickel production jumped xx.xxx month-on-month
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US construction spending rose x.xx, boosting Inconel demand for industrial applications
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German construction sector continued struggling, limiting Inconel price growth
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Global nickel inventory levels increased despite strong price performance
The US market registered the strongest Inconel price increase at xx and prices were hovering at USD xxxxx for Alloy xxx Sheet DEL Florida (USA), supported by steady construction sector performance and robust industrial demand. February construction spending increased x.xx, resulting in a x.xx year-on-year...
