[Price Reporting] Stainless Steel : 304, 304L

[Price Reporting] Stainless Steel : 304, 304L1. Reporting Duration: May 12, 2025 – May 16, 2025 2. Introduction to Metals: Alloy Price Analysis including Stainless Steel 3. Summary: During the week of May 12–16, 2025, 304 and 304L stainless steel alloy prices ended slightly lower, affected by declining prices in key raw materials—nickel, high-carbon ferrochrome, and low-carbon ferrochrome. Nickel prices initially rose due to US-China tariff suspension news but fell later due to weak US demand and rising SHFE inventories. Both ferrochrome types saw price declines driven by sluggish European ste...