Make sure you are on track with market dynamics every week.
Entering November, the prices of stainless steel started to reduce, leading by Tsingshan firstly tuned down the price limit on stainless steel. During the slack and vacation season...
Stainless steel prices slightly rose in the last week, and the tendency is hopefully maintained, thanks to the joint reduction of output by major stainless steel mills such as Baos...
Stainless steel prices in China are weak after the National Holiday when inventory was largely increased by over 7%. Moreover, the US President announced plans to impose a 100% add...
2025-09
From 15th to 28th September, 2025, stainless steel prices in China continued bottoming out. Prices were weak and struggling up and down, nearing the production cost. It looks like the traditional peak didn't bring any warmth to the chilling market. In this report, we review the stainless steel prices in the past five years, and present an outlook of Q4 in 2025.
The stainless steel market is recovering, and prices are increasing as the peak season approaches. The Fed recently reduced interest rates, the currency rate might experience some adjustments, and this will influence your purchase oerhaps.
Global stainless steel prices are on an upward trend due to the increasing ore costs.
2025-08
Approximately 50% of nickel ore production in the Philippines is expected to be suspended during the rainy season, accounting for more than 40% of China’s nickel ore imports, which will directly lead to a tight global nickel ore market balance.
From August 11th to August 17th, the hot-rolled stainless steel supply remained low. Replenishment from steel mills was reduced and we saw a possibility of price increasement in September.
As of the close on Friday, August 8, the most-traded stainless steel futures September 2025 contract (2509) settled at US$1,940/MT, up US$20.3/MT from the previous week, representing a weekly gain of 1.13%. Overall, stainless steel prices maintained a firm trend during the week.
