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Positive Outlook For Stainless Steel Prices

Stainless steel transaction values climbed significantly, in November. MEPS All Products Average figure for grade 304 increased by 3.5 percent, month-on-month. The rise was predominantly due to the mills passing on to their customers their growing raw material costs, most ...

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North American Stainless Joins Base Price Increase Pack

Stainless steel base prices are now certain to rise in January. North American Stainless (NAS), the  stainless market leader and lowest-cost producer, announced on December 18th a flat-rolled stainless price increase that will go into effect on January 1st. NAS ...

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Falling raw material costs depress Stainless Steel prices in 2015

The past year has been another difficult period for stainless steel producers, distributors and traders, in all parts of the world, according to MEPS. In December’s issue of the Stainless Steel Review, MEPS reports that consumption has failed to grow ...

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2016 forecast to be another downbeat year for stainless steel

The outlook for the global stainless steel market is disappointing, as purchasing activity remains weak and transaction values continue to slide. The downward price trend encourages buyers to delay placing orders, in the belief they may get a better deal ...

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September Stainless Steel Prices Under Negative Pressure

The global stainless steel market is very subdued, at present. Purchasing activity has not picked up following the summer holiday season, in most parts of the world. Demand is weak, supply is plentiful and falling prices have made buyers more ...

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Asian 400 series stainless steel prices fell

It is reported that Asia’s 400 series stainless steel hot rolled coil prices fell to CFR US$750/ton. The main reason may be because 300 series stainless steel cold rolled prices fell lead hot rolled steel coil prices also fell. Meanwhile, ...

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Slow recovery in Stainless Steel prices predicted

The  trend in MEPS world average stainless steel prices has been inexorably negative  over the past twelve months. With only a couple of very minor monthly increases,  reflecting fluctuations in the LME nickel figure, transaction values have  followed a downward ...

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Major Chinese Mills Cut Stainless Steel Prices for August

Major Chinese stainless steel makers have announced their decision to lower the domestic prices for various products for the month of August. The steel makers who have decided to cut their prices include Baosteel Stainless. Meantime, Taigang Stainless, the largest ...

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Tang Eng of Taiwan to Increase Stainless Steel Prices for June

One of the major stainless steel producers in Taiwan, Tang Eng Iron Works said that the company would follow up with Yusco’s Step and would increase its new offers process for stainless steel for June. As per the new price ...

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A Substantial Cut In Stainless Steel Prices In European Union

A rapid reduction in the cost of raw materials, most notably nickel, has led to a substantial cut in stainless steel prices in recent months. At least, this is the case in United States, or in countries where prices are ...

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