The embossed stainless sheet is a type of textured surface produced by pressing an image into the surface with a rolling die, which is ideal for applications featuring a variety of design elements such as decorative panels, ceilings, walls, etc.
Officially, it enters the slack season. Stainless steel prices are expected to drop; Tsingshan reduced to opening price in China while Tsingshan Indonesia gave a rise of USD20/MT on July 15th.
Stainless steel prices have been declining in both China and Indonesia. Opinion has it that the influence of macro dynamics is getting more emphasized than ever in the quoting decision phase, in the off-peak season.
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 sentiment.
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 USD100/MT since the May holiday, and on May 19th, it dropped by US$20/MT. Latest on May 20th, it was raised by US$30/MT.
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 a near future. Check the full article see how Indonesian nickel influence your decisons in buying stainless steel materials.
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.
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.
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.
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
