Stainless Steel
Known for its corrosion resistance, Stainless Steel (SS) is an alloy predominantly composed of iron, chromium, nickel and other elements. Its properties make it...
Stainless steel bytes: Stay ahead with the latest updates
Daily Market Reports
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Stainless Steel Prices Hold Steady; Tariff Talks Impact Market Outlook
Stainless steel prices remain stable with slight variations across different series and materials. While the demand for 300 and 400 series shows gradual improvement, the 200 series experiences a surge due to a shortage of imported material. Globally, trade tensions, increased Chinese exports, and projected market growth for stainless steel products add to the market's dynamics.
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Nickel and Copper Prices Dip; Stainless Steel Market Awaits Price Movement
Stainless steel prices show mixed trends with nickel and copper declining, while demand remains weak in some series. Prices for 304 CR and SS 316L are steady, while the 200 series sees increasing demand due to supply shortages. Taiwan’s mills may adjust prices post-Lunar New Year, and China’s oversupply continues to affect exports.
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Stainless Steel Demand Rises Despite Cash Crunch and Supply Shortages
Stainless steel prices remain stable with slight increases anticipated across 200, 300, and 400 series due to supply issues and import challenges. Demand for 200 series stainless steel is rising, driven by imported material shortages. Freight rates dropped significantly last week, but U.S. tariff plans on Canada and Mexico could disrupt global markets.
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