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Though there are opinions that stainless steel prices will be lower in June compared to May, but the latest news about the nickel ore in Indonesia might flip over the market sentim...
Ferromolybdenum has risen in the past three weeks, boosting stainless steel 316 to surge, while stainless steel 304 fluctuated in price. Tsingshan Indonesia quoted price to drop by...
A noticeable rise in stainless steel prices at the end of April, following news in the market prevailing that Chinese stainless steel mills even have plans to reduce the output in ...
2026-04
Demand weakened, and inventory rebounded before the Easter and Chinese Tomb-Sweeping Day holidays. The stainless steel market fluctuated downward due to cost support and supply-demand pressures.
2026-03
We know perhaps one day something bad is going to happen, but we can't imagine how much worse it can become. For the latest round of conflict, it trigger 10 of thousands of flights, and marine shipping was halted and got cancelled. Hope people stay safe.
2026-02
We review recent stainless steel price trends driven by nickel volatility, raw material costs, inventory changes, and Spring Festival seasonal demand. It covers 200, 300, and 400 series performance, alongside updates on chrome ore, nickel pricing, production cuts, and global freight rates. Looking ahead to February–March, prices are expected to remain volatile under inventory pressure and weak demand, while strong raw material costs and supply adjustments may help limit downside risks.
2026-01
On January 26th, stainless steel futures rose by 0.51% to close at US$2245/MT. Tsingshan Indonesia once again raised its export quotes—the export quote for stainless steel 304 was increased by $30/MT. T
Such a grand opening for the stainless steel marker to resume in 2026. In China, stainless steel has been rising after the New Year holiday because the nickel concern and the geopolitical conflicts have increased.