Hot Rolled Stainless Steel Plate Prices | Current and Forecast
Monitor Hot Rolled Stainless Steel Plate Prices Worldwide
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Monitor monthly Hot Rolled Stainless Steel Plate price assessments covering 5 locations: United States, Europe, Southeast Asia, China and Africa. Also check Hot Rolled SS Plate 10-year price history and forecasts.
The chart below is a sample of Intratec Primary Commodity Prices. Subscribe and access now current prices of 225 commodities, including Hot Rolled SS Plate.
Data Legend. The chart above shows Hot Rolled SS Plate price assessments in USA Dollar per metric ton (USD/mt) in 5 locations, as follows:
- Hot Rolled SS Plate, US (United States): SS, Hot Rolled Plate, import transaction price, cif, United States
- Hot Rolled SS Plate, EUR (Europe): SS, Hot Rolled Plate, export transaction price, fob, Spain
- Hot Rolled SS Plate, SEA (Southeast Asia): SS, Hot Rolled Plate, import spot price, cif, Indonesia (netforward from fob China)
- Hot Rolled SS Plate, CN (China): SS, Hot Rolled Plate, domestic spot price, exw, China
- Hot Rolled SS Plate, AFR (Africa): SS, Hot Rolled Plate, export transaction price, fob, South Africa
Data Use. Hot Rolled SS Plate prices are provided as an annual subscription where subscribers have access to reliable pricing data of 225 commodities worldwide. Intratec's methodology employs a structured big data strategy that utilizes advanced technologies to extract publicly available data from primary sources such as governmental trade records, statistics bureaus, and international agencies. This data is then processed through mathematical models to generate reliable assessments, published at the very beginning of each month. To better understand the data provided check Intratec Primary Commodity Prices Methodology .
Data Delivery Methods. Hot Rolled SS Plate price assessments are available via different delivery methods: (i) online charts; (ii) directly into Excel (using Intratec Add-in); (iii) in Power BI dashboards or (iv) a web API (to facilitate integration with existing workflows).
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Stainless Steel Price Outlook. The price of Hot Rolled SS Plate (United States) decreased during December 2019 to 2,880 USD per metric ton, which represents a considerable decline of 14% compared to the previous month’s value. On a year-over-year basis, the prices of Hot Rolled SS Plate (United States) decreased significantly by 9%. Meanwhile, the average price of Hot Rolled SS Plate (China) amounted to 1,910 USD per metric ton, from 1,960 USD per metric ton one year earlier. On a month-over-month basis, the price of Hot Rolled SS Plate (China) is 4% lower than the price one month before.
The price of Hot Rolled SS Plate (Southeast Asia) declined slightly throughout December 2019, reaching 1,930 USD per metric ton. The price is 4% lower than the average price in the previous month and 3% lower than the average price one year before. In contrast, the prices of Hot Rolled SS Plate (Africa) decreased significantly during December 2019, reaching 1,870 USD per metric ton, which means a decline of 10% from the previous month’s price and a decline of 5% from the previous year’s price.
The prices of Hot Rolled SS Plate (Europe) experienced a modest decline of 80 USD per metric ton from the prior month's price, to 2,650 USD per metric ton. Such price movement meant a decrease of 3% on a monthly basis and a decrease of 3% on a yearly basis.
About Hot Rolled Stainless Steel Plate. 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.
Hot Rolled Stainless Steel Plate Handling. 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.
Hot Rolled Stainless Steel Plate Uses. 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. Each of these forms has a specific chemical composition, in addition to iron, varying the percentage of carbon, chromium, nickel, molybdenum, nitrogen, and manganese, among others, such as titanium, aluminum, tantalum, and niobium. Usually, the plates have a width greater than 600 mm, thickness of 4.75-10 mm.