Hot Rolled Stainless Steel Coil Price | Current and Forecast
Monitor Hot Rolled Stainless Steel Coil Prices Worldwide
See monthly Hot Rolled SS Coil prices in 5 locations: US, S. America, Middle East, SE Asia, NE Asia, C. Europe, Europe. Also check Hot Rolled SS Coil price history since 2007 and forecasts. Subscribe now to Intratec Primary Commodity Prices and gain access to current prices of 244 commodities, including Hot Rolled SS Coil.
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Data Legend. The Hot Rolled SS Coil price chart shows the prices in USA Dollar per metric ton (USD/mt) in 7 locations, as follows:
- US: transaction, cif
- S. America: transaction, cif, Brazil
- Middle East: transaction, cif, Turkey
- SE Asia: transaction, cif, Thailand
- NE Asia: transaction, fob, South Korea
- C. Europe: transaction, fob, Finland
- Europe: transaction, cif, France
Data Use. Hot Rolled SS Coil prices are provided as an annual subscription where subscribers have access to reliable pricing data of 244 commodities worldwide. To better understand data provided by Intratec Primary Commodity Prices, check the following documents: Price Assessment Basis , Commodities Specifications , Methodology , User Guide , and Glossary .
Price Dynamics. The Stainless Steel price in United States decreased during September 2018 to 1,770 USD per metric ton, which represents a considerable decline of 23% compared to the previous month’s value. On a year-over-year basis, Stainless Steel prices in United States decreased significantly by 20%. Meanwhile, in Brazil, the average price of Stainless Steel amounted to 2,140 USD per metric ton, from 2,260 USD per metric ton one year earlier. On a month-over-month basis, the Stainless Steel price in Brazil is 9% lower than the price one month before.
The price of Stainless Steel in Turkey declined slightly throughout September 2018, reaching 1,740 USD per metric ton. The price in Turkey is 3% lower than the average price in the previous month and 7% higher than the average price one year before. In contrast, Stainless Steel prices in Thailand decreased significantly during September 2018, reaching 1,680 USD per metric ton, which means a decline of 10% from the previous month’s price and a rise of 20% from the previous year’s price.
The Stainless Steel prices in South Korea experienced a significant decline of 120 USD per metric ton from the prior month's price, to 1,550 USD per metric ton. Such price movement in South Korea meant a decrease of 7% on a monthly basis and a rise of 12% on a yearly basis. On the other hand, in September 2018, the Stainless Steel price in Finland witnessed a rise of 90 USD per metric ton when compared against the previous month's price, to 1,990 USD per metric ton. The September 2018 price in Finland is 27% higher than the price one year before.
In France, the average price of Stainless Steel was 1,530 USD per metric ton on September 2018 – a sharp decrease of 180 USD per metric ton, or 11%, compared with the previous month. On a year-over-year basis, the Stainless Steel price in France is 9% higher than the price one year before.
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About Stainless Steel. Hot Rolled Stainless Steel Coil is a stainless steel product produced by passing a heated metal piece through rolls in three steps: primary rolling, conditioning, and finish rolling. In the first operation, ingots are broken down into semifinished shapes, such as blooms, billets, slabs, and rounds, by reducing cross-section and increasing length. During the process, the ingots are constantly reheated to achieve a homogeneous temperature, guaranteeing plasticity during rolling. In the conditioning process, some defects from the previous step must be removed, depending on the application of the final products. During the finish rolling, the piece is worked to obtain the desired finished shape of a sheet or strip, and a final heat treatment can be applied to enhance the microstructure. Rolling is used for thickness reduction, and an already rolled stainless steel sheet can undergo the same process to achieve further reduction and properties enhancement. Due to the heating during forming, hot rolling is a quicker and cheaper process than cold rolling, losing some strength qualities. At the end of the process, the metal sheet is coiled, cooled, and prepared to be marketed.
The coils are heavy, and this weight is concentrated. Because of that, it must be shipped carefully in a way to prevent straining or otherwise damaging the shipping container, whether transport is carried out by ship, truck or train. Also, attention is needed in the packaging, stowage, and lashing operations.
The uses and applications of Hot Rolled Stainless Steel Coil may vary according to its specification. The main forms of Hot Rolled Stainless Steel Coil are austenitic stainless steel; ferritic stainless steel; martensitic stainless steel; and precipitation hardening stainless steel.
Hot Rolled Carbon Steel Coil is applied to the confection of a great variety of oxidation-resistant parts and steel structures, with improved strength compared to carbon steel products, mainly in specific applications in food, chemical processing, construction, frames, shelvings, tracks, and for pipes and tubes.
