Steel News

We strive to let you one step ahead of the market.

Stainless steel price close to cost, hard to decline anymore

6 Mar 2020 13:51 reported by Jordan Huang

A A A
According to the market news, the current working stainless steel mills were counted as 67%, which caused the recent production of stainless steel in China only got 1.75 million tons, and it would be the lowest number since 2018.

However, as the easing disease situation in China, more and more stainless steel mills resume their work, and the total output of stainless steel in China might reach almost 2 million tons in March.

Combined with the current market information, the stainless steel price would be hard to decline anymore, as the current price was close to the cost.

Back to Steel News

Related News

Tang Eng takes individual negotiation for Oct prices again

  • Stainless steel
  • 28 Sep 2023 15:56

Aperam raises European stainless steel alloy surcharges for Oct

  • Stainless steel
  • 28 Sep 2023 15:47

EAEU extends validity of AD measure on stainless steel seamless pipes from China, Malaysia

  • Stainless steel
  • 27 Sep 2023 16:57

Yusco maintains stainless steel prices for Oct

  • Stainless steel
  • 27 Sep 2023 16:12

400 series stainless steel price in Chinese market stable & slightly rising

  • Stainless steel
  • 27 Sep 2023 15:47

Metal Price Index

Learn more

LME Official Bid Price

  • Zinc
  • 2,559.00
  • 2,578.50
  • Aluminum
  • 2,231.50
  • 2,263.00
  • Copper
  • 8,111.50
  • 8,168.00
  • Nickel
  • 18,600.00
  • 18,850.00

Learn more

Coil Exchange Center

  • 2B Coil-Nov
  • 2,710
  • 2,570
  • NO1 Coil-Nov
  • 2,680
  • 2,540
  • 2B Coil-Nov
  • 2,710
  • 2,570
  • NO1 Coil-Nov
  • 2,680
  • 2,540

Learn more