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Market Analysis

Inconel Scrap Price History — 10 Years of Market Data

InconelScrapPrice.com | Updated June 2026

Understanding Inconel scrap price history helps sellers time their sales and buyers plan their procurement. Here's a decade of market context.

Price History by Year

YearInconel 625 (avg)Inconel 718 (avg)Key Driver
2016$4.50–$6.00/lb$5.00–$7.00/lbLow nickel prices
2017$5.00–$7.00/lb$5.50–$8.00/lbNickel recovery
2018$5.50–$8.00/lb$6.00–$9.00/lbAerospace demand surge
2019$6.00–$9.00/lb$7.00–$10.00/lbStrong nickel market
2020$5.00–$7.50/lb$5.50–$8.50/lbCOVID aerospace slowdown
2021$6.50–$9.50/lb$7.50–$11.00/lbRecovery, supply squeeze
2022$10.00–$16.00/lb$12.00–$18.00/lbLME nickel spike, Russia sanctions
2023$7.50–$11.00/lb$8.50–$12.50/lbNormalization
2024$7.00–$10.50/lb$8.00–$12.00/lbStable market
2025$8.00–$11.50/lb$8.50–$13.00/lbAerospace recovery
2026 (YTD)$8.50–$12.00/lb$9.00–$13.50/lbStrong demand

For today's firm price on your material, call Sean at 954-488-0700.

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