[Price Reporting] Stainless Steel : 304, 304L, 309, 309S, 310, 310S, 316, 316L

1. Reporting Duration: March 3, 2025 – March 7, 2025
2. Introduction to Metals: Alloy Price Analysis including Stainless Steel
3. Summary : Between March 3 and March 7, 2025, the prices of various stainless steel grades, including 304, 304L, 309, 309S, 310, 310S, 316, and 316L, increased. These price hikes were mainly driven by rising nickel prices, which were influenced by U.S. trade tariff announcements and a weaker U.S. dollar. Additionally, a shortage of low-carbon ferrochrome, a key material in steel production, further impacted prices, especially for grades 304L, 309S, 310S, and 316L. Future price trends for these stainless steel grades will depend on nickel price fluctuations, ferrochrome supply, and ongoing trade uncertainties. If these issues persist, prices may continue to rise.

 

 

 

 

[Report Download]

00. [Price Reporting] Stainless Steel – 304, 304L, 309, 309S, 310, 310S, 316, 316L