Hot Rolled Stainless Steel Plate Price | Current and Forecast
Monitor Hot Rolled Stainless Steel Plate Prices Worldwide
See monthly Hot Rolled SS Plate prices in 5 locations: US, SE Asia, C. Europe, Europe, NE Asia. Also check Hot Rolled SS Plate 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 Plate.
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Data Legend. The Hot Rolled SS Plate price chart shows the prices in USA Dollar per metric ton (USD/mt) in 5 locations, as follows:
- US: transaction, cif
- SE Asia: transaction, fob, Malaysia
- C. Europe: transaction, fob, Finland
- Europe: transaction, fob, Spain
- NE Asia: transaction, fob, Taiwan
Data Use. Hot Rolled SS Plate 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 increased during September 2018 to 3,780 USD per metric ton, which represents a slight rise of 0.3% compared to the previous month’s value. On a year-over-year basis, Stainless Steel prices in United States increased significantly by 18%. Meanwhile, in Malaysia, the average price of Stainless Steel amounted to 2,250 USD per metric ton, from 1,990 USD per metric ton one year earlier. On a month-over-month basis, the Stainless Steel price in Malaysia is 7% lower than the price one month before.
The price of Stainless Steel in Finland rose considerably throughout September 2018, reaching 3,040 USD per metric ton. The price in Finland is 7% higher than the average price in the previous month and 13% higher than the average price one year before. In contrast, Stainless Steel prices in Spain decreased during September 2018, reaching 2,900 USD per metric ton, which means a decline of 5% from the previous month’s price and a rise of 16% from the previous year’s price.
The Stainless Steel prices in Taiwan experienced a modest decline of 50 USD per metric ton from the prior month's price, to 2,520 USD per metric ton. Such price movement in Taiwan meant a decrease of 2% on a monthly basis and a rise of 16% on a yearly basis.
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About Stainless Steel. Hot Rolled Stainless Steel Plate is a stainless steel product with more than 254 mm in width and at least 4.76 mm in thickness, 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 plate, and a final heat treatment can be applied to enhance the microstructure. Rolling is used for thickness reduction, and an already rolled stainless steel plate 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.
The transports used for plates depend on several factors, for example, the location and weight of the plates. These transports can be: rail, truck and ship.
The uses and applications of Hot Rolled Stainless Steel Plate may vary according to its specification. The main forms of Hot Rolled Stainless Steel Plate are austenitic stainless steel; ferritic stainless steel; martensitic stainless steel; and precipitation hardening stainless steel.
Hot Rolled Stainless Steel Plate is mainly used in applications for which corrosion resistance, strength improvements, good formability, and machinability are required, such as in the confection of corrosion-resistant parts and structures for the food industry, construction of bridges, buildings, railroad cars, storage tanks, ships, pressure vessels, pipes, and large machines, among other heavy structures.
