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From 15th to 28th September, 2025, stainless steel prices in China continued bottoming out. Prices were weak and struggling up and down, nearing the production cost. It looks like ...
The stainless steel market is recovering, and prices are increasing as the peak season approaches. The Fed recently reduced interest rates, the currency rate might experience some ...
Global stainless steel prices are on an upward trend due to the increasing ore costs. ...
2025-08
Approximately 50% of nickel ore production in the Philippines is expected to be suspended during the rainy season, accounting for more than 40% of China’s nickel ore imports, which will directly lead to a tight global nickel ore market balance.
From August 11th to August 17th, the hot-rolled stainless steel supply remained low. Replenishment from steel mills was reduced and we saw a possibility of price increasement in September.
As of the close on Friday, August 8, the most-traded stainless steel futures September 2025 contract (2509) settled at US$1,940/MT, up US$20.3/MT from the previous week, representing a weekly gain of 1.13%. Overall, stainless steel prices maintained a firm trend during the week.
2025-07
Driven by macroeconomic stimulus and improving sentiment in the bulk commodity market, stainless steel prices firmed across futures and spot segments last week. However, with fundamental oversupply still unresolved, the sustainability of this uptrend will hinge on production cutbacks and downstream demand recovery.