Executive Summary Hafnium metal prices recorded a strong upward trajectory during Q3 2025 , driven primarily by tight global supply conditions, constrained refining capacity, and logistical bottlenecks across key trade routes . The Hafnium Metal Price Index increased sharply across North America, Asia-Pacific (APAC), and Europe , reflecting intensifying procurement urgency from aerospace, nuclear, semiconductor, and advanced alloy manufacturers. In the United States, pric