Stainless steel price increase chart. Prior to the pandemic, it traded in the $500 to $800 range.
Stainless steel price increase chart HRC Steel increased 228 USD/T or 32. 51300 Index Dec 2010=100 in January of 2025, according to the United States Federal Reserve. 50 (as of July 9, 2024). The prices of Stainless Steel scrap recorded a marginal increase of 3. Prices from the United States, China, and Europe markets Real-time chart of historical daily stainless steel prices. Stainless Steel Price Forecast Report 2025-2026 | Price Trend, Latest Prices, Market Analysis, News, Chart, Demand, Extensive Forecast, Historical and Forecast Data Historical and Forecast Market Trends Stainless Steel Plate Price Chart. 3% rise to $397 per metric ton. MEPS International’s Steel Price Outlook was published today, December 12. However, due to the changing market conditions, the prices can fluctuate frequently. The prices of Stainless Steel scrap recorded no variation over the previous week’s prices. 62% over the prior week. Jan 22, 2025 · Gordian’s analysis of a steel price index comprised of different steel materials shows an 8% increase in May of 2018, the highest increase since early 2017. 19 hours ago · In the spot market, the price of 304 stainless steel cold-rolled coils fluctuated at 13,450 yuan/mt this week, with very limited increases, struggling to keep up with the pace of rising costs. 16% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. 8% to $153 per metric ton as of February 1. What is the Price of Stainless Steel? Similar to other metals, the price of stainless steel is heavily influenced by the cost and availability of its constituent commodities, primarily nickel and chrome. MetalMiner Insights includes prices for 304 stainless steel plus many other common grades including: 201, 301, 316, 321, 430, 409, 439 and 441. 65 per Lb However, as the third quarter unfolded, prices for both steel and stainless-steel scrap began to stabilize and show signs of upward movement, bolstered by an increase in demand from construction, manufacturing, and automotive sectors. +1 307 363 1045 sales@procurementresource. After a staggering 25. 2 days ago · The Stainless Steel CR coil prices rose by 0. Feb 13, 2025 · Graph and download economic data for Producer Price Index by Commodity: Metals and Metal Products: Fabricated Steel Plate (WPU10760102) from Dec 2001 to Feb 2025 about fabrication, steel, metals, commodities, PPI, inflation, price index, indexes, price, and USA. 2 days ago · Stainless Steel-Compatible Tools: Tools like stainless steel blades, cutters, and sanding discs are designed specifically to prevent contamination and ensure clean cuts. United States - Producer Price Index by Commodity: Metals and Metal Products: Steel Pipe and Tube, Stainless Steel was 131. 71% to $370 Jan 26, 2025 · Stainless Steel Price Increase Chart <p>The price of stainless steel can be affected by various factors, including raw material costs, demand and supply dynamics, geopolitical tensions, and economic policies, among others. S. . The EU has maintained high stocks of natural gas, and with a mild winter like 2024, prices are unlikely to rise significantly above the current €35-40/MWh. For this purpose, SteelOrbis offers a steel price analysis tool. Mar 14, 2025 · The prices of Stainless Steel scrap recorded a marginal increase of 4. Dec 16, 2024 · Nickel prices have fallen slightly, impacting stainless steel prices, with the 300 and 400 series seeing gradual increases. This is a change of 3. Using tools intended for other metals can introduce rust particles or damage the material. Feb 17, 2025 · Current Stainless Steel Price , Historical Prices, USA, China, Europe, Asia, Australia Prices Jan 2, 2025 · Moving to the Sky-Dweller collection, which has been updated in 2023, and some new models introduced in 2024 too, the increase in price of the stainless steel editions is driven by the presence of a fluted bezel in gold, meaning a price up by 3%. The market was influenced by several factors, including decreased demand from downstream industries and a decline in nickel prices. Some prices have already risen; stainless steel sheet prices have increased by about 6% and aluminium by 5%. Stainless steel plate price index developments are calculated from multiple separate sources of data to ensure statistical accuracy. Stainless Steel (304) Price Chart. 43% over the previous week, while #1 Copper Wire & Tubing increased by 4. Entering 2024, stainless steel production in January remains at a relatively high level, with downstream actual consumption slightly stronger Prices are: USA -- FOB mill; Western Europe and China -- Ex-works; and World Export Market - - FOB port of export. Jul 8, 2021 · The benchmark price for hot-rolled steel hit another all-time high last week, climbing to $1,825. All in all, the stainless steel price movement primarily reacted to volatility in Jan 17, 2025 · Stainless Steel Scrap Prices . Source: BigMint. The prices of Structural Steel and #1 HMS scrap recorded the largest increase, rising by 6. SteelOrbis presents over 280 weekly steel reference prices and 14 price indexes for various steel products. Please Login or Subscribe to Access the Stainless Steel (304) Price Chart Data . Sep 26, 2023 · The Stainless Steel (316) Price chart, including India Stainless Steel (316) price, USA Stainless Steel (316) price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business. USA East Coast Prices. Feb 12, 2024 · Nickel prices, which boast respective 78% and 82% correlations to European and U. A huge increase in the index value of the stainless steel was seen in 2022. The price of all steel scrap commodities inched higher during the previous week. 304 prices, proved a significant drag on global stainless steel costs even as base prices held flat. Our prices are trusted by businesses all around the world. Feb 14, 2025 · The least week-on-week increase in prices was seen in #1 Busheling. The U. Prices are collected in the appropriate local currency and converted into euros to provide a basis for comparison. 94% from one year ago. It is strong, ductile, and corrosion-resistant in mildly corrosive environments at room temperature and is often used in automotive interiors and cookware. LME primary three month steel scrap prices rose 5. By this way, you can actually see the steel price charts based on the year and the product. The equilibrium between the upstream and downstream dynamics kept the stainless steel (316) market anchored for the said period. Steel prices in 2024 have been in a moderate range, with the current price at $579. 53% over the previous week. Stainless steel prices are expected to see increases on higher demand, lower supply and higher raw material costs, industry sources told S&P Global Commodity Insights in the week to March 4. * For shredded scrap the region is “for all but the West Coast” (CA, OR & WA). operates as a holding company, which engages in the provision of stainless-steel flat products. 56% over the previous week’s prices. Prices were initially high due to strong demand from the automotive and chemical sectors but declined towards the year-end, influenced by higher inventories, along with rise in production and the festive slowdown in demand. The price of Hot Rolled SS Coil (United States) increased during February 2020 to 1,590 USD per metric ton, which represents a considerable rise of 9% compared to the previous month’s value. 9% up The chart below summarizes Stainless steel SS304 price trend per region, as well as the outlook. Today's SHFE Stainless Steel prices with latest SHFE Stainless Steel charts, news and SHFE Stainless Steel futures quotes. U. 65% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Feb 17, 2025 · Current Stainless Steel Price , Historical Prices, USA, China, Europe, Asia, Australia Prices Jan 29, 2024 · This growth is mainly characterized by the dynamics of extra-alloy components, as well as by the price of non-alloy steel. Jul 17, 2023 · In recent years, the consumption of stainless steel in India has been half the consumption of the whole world, so the stainless steel price in India is higher than before. Prior to the pandemic, it traded in the $500 to $800 range. Its products include ferro alloys, stainless steel slabs, hot rolled coils, plates and sheets, and cold rolled coils and sheets. Mar 31, 2023 · US Producer Price Index: Metals and Metal Products: Steel Wire, Stainless is at a current level of 175. Feb 10, 2025 · Korean steel scrap prices witnessed the largest increase of the overall index, rising 7. Stainless steel HRC price index developments are calculated from multiple separate sources of data to ensure statistical accuracy. North America. Nov 28, 2024 · Explore Stainless Steel Pipe Schedule Chart for MSMEs. A tightening supply environment in the aftermath of a fire at Salzgitter Flachstahl, one of the major steelmakers. In PricePedia the following product categories are distinguished: austenitic stainless steel products [1]; ferritic stainless steel products 19 hours ago · Stainless Steel Scrap Prices . Stainless Steel Price Outlook. Global Events Nov 23, 2021 · Due to the backlogged steel orders, the demand will remain high through the next year. In the fourth quarter of 2023, the stainless steel prices in the United States reached 3450 USD/MT by December. An analysis of 304 SS Solid pricing trend indicates that the commodity's price recorded an increase of 3. Energy costs are not currently a major driver of price increases in stainless steel or the general market. World Stainless Steel Prices . 34 last month and up from 170. The only exception is the Rolex Explorer Ref. com Procurement Resource provides latest Stainless Steel prices and a graphing tool to track prices over time, compare prices across countries, and customize price data. These reference prices are derived from actual business transactions from North American, Northern & Southern European, Turkish, and Asian steel markets. 06% each over the prior week. 68 per pound. This post is a summary of the Stainless steel HRC price developments. Steel decreased 154 Yuan/MT or 4. After the relative stability in H1 there is potential for a rise as demand increases across the globe. The prices are shown in pound. 41% decline from October to November. MEPS regional average stainless steel prices for Europe are computed from an arithmetic average of prices in Germany, France, Italy, Spain and the UK. In particular, the price trend differs based on the different alloys considered. In addition, inflation has added to price pressure, causing both consumers and investors to cut spending, further contributing to the decline in steel prices. The price developments of Stainless steel plate are expressed in US$ prices converted FX rates applicable at the time when the price was valid. 03% from last month and 2. com provides daily updated stainless steel scrap prices along with historical data and price charts from steel markets in the United States, Asia, and Europe. Prices presented on this page are per tonne by default. USA East Coast Because of its influence on international markets, stainless steel price forecasting is important for a number of businesses. The prices of Stainless Steel scrap recorded an increase of 1. The demand for the 200 series continues to rise, driven by shortages of imported materials. 45% from last month and -19. 64 per Lb to $0. To help you understand metal price trends across industries and within specific metal markets, MetalMiner issues metal price charts Skip to content About Us | Phone: (773) 525 - 9750 Jan 30, 2024 · SMM's outlook: the total production of stainless steel from various series on the supply side of stainless steel fundamentals will increase year-on-year in 2023, with strong overall downstream demand. Mar 13, 2025 · Graph and download economic data for Producer Price Index by Commodity: Metals and Metal Products: Iron and Steel (WPU101) from Jan 1926 to Feb 2025 about iron, steel, metals, commodities, PPI, inflation, price index, indexes, price, and USA. The weekly price chart of #1 HMS is provided below: Apr 19, 2023 · 19 April 2023 – Market voices from various stainless steel producing countries expect price increases in the short term. Spot prices on 23 base metals, precious metals, rare metals and materials PLUS charts and historical prices going back as far as January 2000. 1 day ago · In Indonesia, recent abundant rainfall and tight nickel ore supply have led to low nickel ore inventories at smelters, and with new capacity releases, production only maintained a slight increase. com Current stainless steel price, historical data and price charts. This page contains free live SHFE Stainless Steel Futures streaming chart. Updated daily. And the Worldsteel Association expects some significant increases in demand for steel in 2023 and 2024. For USA steel scrap -- delivered to the steel plant. This post is a summary of the Stainless steel plate price developments. Stainless steel SS304 price March 2025 and outlook (see chart below) Europe:US$5. The ‘Speaking of Steel: how will 2024’s top trends shape the market outlook?’ podcast is available now via YouTube and Spotify. When you choose a MEPS Steel Price or MEPS Steel Index, you get exclusive data covering carbon steel, stainless steel or raw material products, for a selected steel-consuming region. For solid gold models, whether on Oysterflex or gold bracelet, the prices are up by 11% like all With stainless steel prices at multi-year highs, uncertainty levels are also elevated. Stainless Steel Scrap Price SteelPrices. [SMM Analysis: Stainless Steel Scrap Supply Release Eases Shortage, Price Stops Rising and Pulls Back] This week, 304 stainless steel scrap off-cuts prices in east China first rose then fell, generally stabilizing at 10,200-10,300 yuan/mt; 304 stainless steel scrap off-cuts prices in Foshan area pulled back to 9,900-10,200 yuan/mt. Stainless Steel Scrap Price Chart. Steel Price in Jammu & Kashmir per kg/ton Today (2025) Wall thickness increases with the schedule US 304/316 Stainless Steel Surcharge & Monthly History. MEPS world stainless steel prices are computed from an arithmetic average of prices in Europe, North America and Asia. This led to stable prices for Stainless Steel (Flat) products. 40 one year ago. This is a change of -0. 52/KG, 0. An examination of 304 SS Solid pricing trend indicates that the commodity's price recorded no change over the prior week. With a compound annual growth rate (CAGR) of 5. Unlike our MEPS Steel Prices, these data tables provide you with the relative change instead of the actual price. The company was founded in 1970 by Om Prakash Jindal and is headquartered in New Delhi, India. Please Login or Subscribe to Access the Stainless Steel (316) Price Chart Data . 96, up from 227. Steel steers the 21st-century Indian economy by $64 trillion in the forward direction. Jan 14, 2025 · The price index of stainless steel increased by about 36 percent from the base financial year of 2012. In addition, cold rolled coil prices may change according to features like thickness, width, weight, quality, steel grade and additional processing. 17% over the previous week’s prices. Stainless Steel (316) Price Chart. 8% from 2020, and in the fourth quarter of last year, steel prices were rising, and steel supplies “remain tight to relative demand. 2 days ago · Supported by rising nickel prices, stainless steel surcharges appear poised for an increase in April. The chart is intuitive yet powerful, customize the chart type to view candlestick patterns , area, line graph style, bar Jan 14, 2025 · The price increase for all stainless steel Explorer models, including the Explorer 36, Explorer 40, and the durable Explorer II, falls between 1-2%. Price trends tend to vary during the years and you may need to see through statistics on the steel prices. Prices rose sharply in 2022 due to the conflict in Ukraine, before falling again. Capabilities include: LME nickel and global Finished products of stainless steel are in extremely tight supply, and by most indications could stay that way for the remainder of the year. Because of the demand for the limited inventory available, steel prices will continue to go up in 2022. Feb 12, 2021 · Stainless steel producers North American Stainless (NAS) and Outokumpu announced price increases effective for February deliveries. Jan 29, 2024 · This growth is mainly characterized by the dynamics of extra-alloy components, as well as by the price of non-alloy steel. 17% over the prior week. North America An examination of 304 SS Solid pricing trend indicates that the commodity's price recorded an increase of 4. MEPS Steel Indices are here to help you understand Stainless Steel price developments across multiple products and markets. Aug 11, 2023 · Graph and download economic data for Producer Price Index by Commodity: Metals and Metal Products: Steel Wire, Stainless Steel (WPU10170502) from Dec 2010 to Jul 2023 about wired, steel, metals, commodities, PPI, inflation, price index, indexes, price, and USA. 8%, the stainless steel US 304/316 Stainless Steel Surcharge & Monthly History. Mar 13, 2025 · Graph and download economic data for Producer Price Index by Commodity: Metals and Metal Products: Steel Pipe and Tube, Stainless Steel (WPU10170674) from Dec 2010 to Feb 2025 about steel, metals, commodities, PPI, inflation, price index, indexes, price, and USA. Understanding the increase in stainless steel prices through a chart will commonly involve analyzing trends over a certain In Q1 2024, the Stainless Steel (Flat) market in North America experienced a relatively stable pricing environment. *** SteelHome’s non-steelbenchmarker derived average price for each product is the determinant of Aug 8, 2024 · 301 stainless steel is a modified version of 304-grade stainless steel, containing less chromium and nickel, which increases its work hardening range but has similar corrosion resistance. the plate’s price reached 3069 USD/MT and CRC 304 was at 3322 USD/MT and the increase in prices continued during the third Sep 27, 2023 · The Stainless Steel (304) Price chart, including India Stainless Steel (304) price, USA Stainless Steel (304) price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business. Here you will find an exhaustive library of the very latest, independently researched benchmark steel prices and indices from across the globe. 62% over the previous week’s prices. 1% increase in the stainless and nickel price index SHFE Stainless Steel Historical Prices. steel industry is currently valued at $180 billion and began to boom last year thanks to the disruptions caused by COVID-19. 85 a pound. For more data, Barchart Premier members can download historical Intraday, Daily, Weekly, Monthly or Quarterly data on the SHFE Stainless Steel Historical Download tab, and can download additional underlying chart data and study values using the Interactive Charts. 53% from the start of the week to end the week at $4. See full list on businessanalytiq. ” Experts predict the trend will continue, which will force buyers to navigate new territory when it comes to steel mill negotiations. Chinese HRC prices Nov 16, 2022 · The Stainless Monthly Metals Index (MMI) moved sideways with a modest 1. AK prices shown are for 28 gauge thickness and greater only (thinner has higher surcharge) Mar 14, 2025 · In SteelOrbis, you can check weekly and daily steel prices. 5% in July and an additional 5% in August. An examination of 304 SS Solid pricing trend suggests that the price of the commodity went higher week-on-week. Over the week, the price of the commodity increased from $0. July 1 Mar 13, 2025 · Graph and download economic data for Producer Price Index by Commodity: Metals and Metal Products: Stainless and Other Alloy Steel Scrap (WPU101212) from Dec 1986 to Feb 2025 about steel, metals, commodities, PPI, inflation, price index, indexes, price, and USA. Feb 13, 2025 · Graph and download economic data for Producer Price Index by Commodity: Metals and Metal Products: High Alloy Steel Castings, Excluding Investment (WPU101508) from Jun 1981 to Feb 2025 about steel, investment, metals, commodities, PPI, inflation, price index, indexes, price, and USA. So far, nickel prices have increased nearly 9% from the start of 2025 to where they currently Feb 19, 2025 · The key takeaway is clear – the supply shock triggered by S232 tariffs could drive a sharp surge in stainless steel prices – one that is likely to be steeper than the spike seen in 2018 and possibly steeper than the price increase already taking place in the carbon steel market. 30, down from 175. While the fundamentals across the stainless value chain point towards a gradual price decline in the next two quarters, several factors generate uncertainty that could extend the price rally well into 2022 or lead to a steeper-than-expected price correction Sep 19, 2024 · While there has been stability in prices, the overall market outlook remains uncertain and complex. 64% from one year ago. ARCHIVE Browse our metal price archive with metal prices going back to 2000 in USD and back to 2010 in other national currencies and cryptocurrencies. This data table covers the combined worldwide Stainless Steel market. Find Historical End-of-Day SHFE Stainless Steel prices on the Price History page. The price developments of Stainless steel HRC are expressed in US$ prices converted FX rates applicable at the time when the price was valid. North America The price of #1 Copper Bare Bright increased by 4. The product's pricing remained constant at $0. Chart . In terms of demand, stainless steel futures orders were relatively ideal, and with scrap stainless steel prices rising along with finished product Feb 17, 2016 · Producer Price Index by Industry: Iron and Steel Pipe and Tube Manufacturing from Purchased Steel: Pipe and Tube, Stainless Index Dec 2010=100, Monthly, Not Seasonally Adjusted Dec 2010 to Feb 2025 (3 days ago) Here you will find comprehensive and up-to-date stainless steel prices, indices and forecasts across the World market. Steel tariffs cause the index to climb by 5. AK prices shown are for 28 gauge thickness and greater only (thinner has higher surcharge) Aug 9, 2023 · The Stainless Steel Price chart, including India Stainless Steel price, USA Stainless Steel price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business. A quarterly steel price analysis reveals a 12% escalation from Q1 to Q2 of 2018, the largest Jan 3, 2023 · Following a volatile year for stainless steel and nickel price indices, the market may be in for a more bullish 2023. The primary factor was the decline in feedstock prices, such as stainless steel, which limited upward momentum. Annual Cold Rolled Coil (CRC) Price Chart Dec 10, 2024 · According to the media reports, international credit rating agency Fitch Solutions’ BMI Country Risk and Industry Research unit has maintained its average global steel price forecast for 2025 at $730/mt, anticipating that the prices in the US will increase amid the planned protectionist measures, which will support average global prices, offsetting downside pressure of lower demand in China. Oct 9, 2024 · LME primary three-month steel strap prices saw a 7. Prices are collected in the appropriate local currency and converted into US dollars to provide a basis for comparison. Despite frequent price hikes by major producers, the transmission of higher prices to downstream consumers was limited. As the quarter progressed, the Stainless Steel (304) market slowed down. Chart. Prices for stainless steel scrap have risen, in some cases significantly. Feb 13, 2025 · Stainless steel (flat) prices have experienced significant fluctuations over the past few years, influenced by a complex interplay of global economic factors, supply chain dynamics, and raw material costs. Although the price of Indian Steel was expected to see a decline of 10-15%, the latest analysis by ISSDA (The Indian Stainless Steel Development Association) shows that the Stainless Steel Price In India has increased by 26% since February 2021, and it will continue to grow steadily till 2023. Raw Material and Energy Price Surge (2021-2022): The global energy crisis, particularly the surge in natural gas and electricity prices during 2021-2022, directly impacted the production costs of stainless steel. Currently, by raw material calculation, the production cost of Europe Stainless Steel Prices . For those interested in the cost of SS 304 per kg in India, the overall cost of SS 304 per kg can fluctuate based on supply and demand, but the average SS price per kg in India remains competitive, making it a preferred choice for various Oct 31, 2024 · US Producer Price Index: Iron and Steel Mills is at a current level of 234. 12 last month and down from 292. Both producers announced a two-discount-point reduction for Mar 13, 2025 · Graph and download economic data for Producer Price Index by Commodity: Metals and Metal Products: Cold Rolled Steel Sheet and Strip (WPU101707) from Jun 1982 to Feb 2025 about steel, metals, commodities, PPI, inflation, price index, indexes, price, and USA. Steel - data, forecasts, historical chart - was last updated on March 21 of 2025. 29 one year ago. In PricePedia the following product categories are distinguished: austenitic stainless steel products [1]; ferritic stainless steel products 4 days ago · Medium-Thick Stainless Steel Plate Prices in China on March 19 19/03/2025; Hot-Rolled Stainless Steel Plate Prices in China on March 19 19/03/2025; Cold-Rolled Stainless Steel Sheet Prices in China on March 19 19/03/2025; Stainless Steel Strip Coil Prices in China on March 19 19/03/2025; Duplex Stainless Steel Coil Prices in China on March 19 19 hours ago · The price of copper scrap saw a notable increase of 4. Buy a copy now to access the steel price data that will help your business navigate the challenges ahead. 124273, a Rolesor edition of the Explorer, which experiences a steep increase in price due to the rising demand for gold on the global market. 5%, driven by low production and an increase in demand. Please Login or Subscribe to Access the Stainless Steel Scrap Price Chart Data Mar 13, 2025 · There are many resources on the internet that show cold rolled steel price indexes which are easy to reach. 85% decline to $372 per short ton. Our reports feature all major flat and long stainless steel products, including cold rolled coil, hot rolled coil, hot rolled plate, bright drawn bar and hot rolled Jan 20, 2021 · Steel demand is inspected to increase by 3. Meanwhile, India's stainless steel demand grew by 11% in FY24, with strong future projections. Jindal Stainless Ltd. Mar 7, 2025 · Stainless Steel Scrap Prices . High energy prices affected the operations of major steel mills, driving up production costs, which were subsequently reflected in Aug 15, 2022 · Reasons for the increase in price of stainless steel. 8%, the stainless steel Aug 9, 2023 · The Stainless Steel Price chart, including India Stainless Steel price, USA Stainless Steel price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business. When considering the price of 304 stainless steel per kg, it’s essential to note that it can vary depending on market conditions and specific requirements. shredded steel scrap prices moved sideways, with a 1. Because of its influence on international markets, stainless steel price forecasting is important for a number of businesses. pmdkoogvfnzvfvdncflokvmzllqdldzxxeumfkmowjhxrclrwqgtucmfxyxljnapzzqfjrxsnpstmkqp