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...
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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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Nickel Gains 0.31%, Copper Slips; Stainless Steel Prices Up
Nickel prices have increased alongside strong Chinese economic data and stainless steel gains. Copper sees long-term strength driven by green energy demand despite falling today. Domestically, rising USD rates, reduced imports, and a cash crunch influence the market. Meanwhile, India advances its low-emission steel initiatives, supporting future sustainability efforts.
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Stainless Steel Prices Stable Amid Nickel Rebound, Demand Trends Upbeat
Stainless steel prices remain stable with a slight uptick in demand for 200 and 300 series. Nickel prices rebounded, closing at $15,963/mt, and have risen by $635/mt YTD. South Korea introduced a 21.62% anti-dumping duty on Chinese stainless steel plates, stabilizing its domestic market. Indian producers hiked 304-grade CR prices by Rs. 2,000/mt in response to global trends. Copper prices are supported by China's strong industrial output and GDP growth.
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Nickel and Copper See Gains as Stainless Steel Demand Increases
Nickel prices rise by 1.11% to $15,965/mt, while copper sees a 0.99% increase. Stainless steel prices remain steady, with 304 CR at Rs.195-198/kg in Delhi. The demand for stainless steel is improving in the 200 and 400 series, driven by domestic shortages and rising enquiries. Despite challenges like weak global demand and high nickel inventory, local market conditions suggest possible price increases.
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Nickel and Copper Open Lower; Stainless Steel Demand Picks Up in 200 Series
Stainless steel prices are showing mixed trends across grades, with 200 series demand surging amid import constraints. Retail prices for key grades like 304 and 316L remain firm, driven by limited supply and strong demand for No.4 PVC materials. Nickel prices have stabilised globally, while copper gains reflect optimism in global growth and China’s import activity.
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Nickel and Copper Slide While Stainless Steel Demand Stirs Upbeat Outlook
Nickel opened down at $15,815/mt while Copper also dipped to $9,114/mt. Stainless steel prices remain steady, with 300, 400, and 200 series witnessing improving demand. Experts anticipate price increases for the 300 and 400 series, while 200 series demand is thriving domestically amid import shortages.
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Stainless Steel Prices Hold Steady; Nickel Dips Slightly as Copper Gains
Stainless steel prices remain steady, with 200 series demand surging due to import shortages and upbeat domestic activity. The 300 series shows slight demand improvement, while 400 series prices remain elevated due to BIS concerns. Globally, Russia's stainless steel production rose 12% month-on-month, despite a yearly decline. Nickel dipped 0.16% to $15,870/mt, while Copper gained 0.45%.
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Daily Market Reports
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.
Read Story
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.
Read Story
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.
Read Story
Stainless Steel Prices
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Stainless steel tenders: Check active tenders
Stainless Steel FAQs
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