Stainless Steel Prices
Monitor Stainless Steel Prices Worldwide
Intratec tracks the following commodity prices in multiple locations.
See below a preview of Hot Rolled SS Coil prices, as an example of prices available. Monitor monthly Hot Rolled SS Coil price assessments covering 5 locations: United States, Europe, Southeast Asia, China and Middle East. Also check Stainless Steel 10-year price history and forecasts..
Subscribe to Intratec Primary Commodity Prices and gain access to current prices of up to 225 commodities, as well as price history since 2007 and forecasts.
Data Legend. The chart above shows Hot Rolled SS Coil price assessments in USA Dollar per metric ton (USD/mt) in 5 locations, as follows:
- Hot Rolled SS Coil, US (United States): SS, Hot Rolled Coil, import transaction price, cif, United States
- Hot Rolled SS Coil, EUR (Europe): SS, Hot Rolled Coil, export transaction price, fob, Northwest Europe
- Hot Rolled SS Coil, SEA (Southeast Asia): SS, Hot Rolled Coil, export transaction price, fob, Indonesia
- Hot Rolled SS Coil, CN (China): SS, Hot Rolled Coil, export transaction price, fob, China
- Hot Rolled SS Coil, MDE (Middle East): SS, Hot Rolled Coil, import transaction price, cif, Turkey
Data Use. Hot Rolled SS Coil 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 Coil 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).
Intratec Primary Commodity Prices
Track global current prices of 225 commodities including Stainless Steel
Current Monthly Prices
Price History & Forecasts
Prices in Multiple Locations
Download Data
Plans Starting at $299 USD /year
Stainless Steel Price Outlook. The price of Hot Rolled SS Coil (United States) decreased during December 2019 to 1,490 USD per metric ton, which represents a considerable decline of 16% compared to the previous month’s value. On a year-over-year basis, the prices of Hot Rolled SS Coil (United States) decreased significantly by 15%. Meanwhile, the average price of Hot Rolled SS Coil (China) amounted to 1,220 USD per metric ton, from 1,300 USD per metric ton one year earlier. On a month-over-month basis, the price of Hot Rolled SS Coil (China) is 12% lower than the price one month before.
The price of Hot Rolled SS Coil (Southeast Asia) rose throughout December 2019, reaching 1,720 USD per metric ton. The price is 6% higher than the average price in the previous month and 11% higher than the average price one year before. In contrast, the prices of Hot Rolled SS Coil (Middle East) decreased significantly during December 2019, reaching 1,470 USD per metric ton, which means a decline of 11% from the previous month’s price and a decline of 5% from the previous year’s price.
The prices of Hot Rolled SS Coil (Europe) experienced a decline of 100 USD per metric ton from the prior month's price, to 1,650 USD per metric ton. Such price movement meant a decrease of 6% on a monthly basis and a decrease of 14% on a yearly basis.
About Hot Rolled Stainless Steel Coil. 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.
Hot Rolled Stainless Steel Coil Handling. The coils are heavy, and this weight is concentrated. Because of that, it must be shipped carefully, preventing 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.
Hot Rolled Stainless Steel Coil Uses. 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. 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 coils have a width of about 1500 mm and a thickness of approximately 4 mm.
Intratec Methodology. Intratec Primary Commodity Prices are produced from a data-driven, mathematical approach, which starts with the extraction of data from various primary sources, including official trade records, statistics bureaus, governmental and international agencies. Such large volume of data is validated through advanced data processing techniques, and treated by means of statistical analysis for outliers removal. When faced with input gaps, data scientists and engineers employ mathematical models or machine learning techniques to estimate prices and ensure the completeness of the price assessments presented. (learn more ).
