SS CR Coil Price Trend Q3 2025
In Q3 2025, the global SS CR Coil market showed a mixed trend, with modest gains in some regions offset by declines elsewhere due to uneven demand recovery. Strong fundamentals in North America helped support prices, while Asia and Europe have been weighed down by weaker industrial activity and intense import competition. Stable raw material costs and cautious buying patterns characterized the quarter. By September 2025, minor positive corrections appeared in select regions driven by restocking, though overall sentiment remained conservative heading into Q4 2025.
USA
SS HR Coil prices EX Alabama, USA, Grade- 304-1mm.
The price trend of SS CR Coil (304) in the USA increased by 1.02% in Q3 2025, driven by consistent demand from manufacturing, construction, and energy segments. Supply remained tight due to limited domestic production schedules and restricted import volumes from overseas suppliers. While raw material prices stabilized, steady end-user demand and firm distributor activity supported overall market strength. However, SS CR Coil (304) prices in the USA moved up marginally by 0.05% in September 2025, reflecting sustained procurement from distributors maintaining balanced inventories and anticipating stable Q4 demand.
SS HR Coil prices EX Alabama, USA, Grade- 316-2mm.
The price trend of SS CR Coil (316) in the USA rose by 1.00% in Q3 2025, supported by healthy demand from process industries, chemical plants, and marine fabrication units. Reduced import availability and strong domestic inquiries underpinned prices through the quarter. Mills managed to maintain steady output, ensuring balanced supply-demand conditions. Positive sentiment prevailed across most consuming sectors. However, SS CR Coil (316) prices in the USA increased marginally by 0.04% in September 2025, as consistent industrial consumption and stable nickel cost trends encouraged moderate price sustainability.
Germany
SS CR Coil Domestic prices FD- Willich, Germany, Grade- 304-1mm.
The price trend of SS CR Coil (304) in Germany fell by 1.20% in Q3 2025, as industrial activity across manufacturing and engineering sectors remained subdued. Economic uncertainties in Europe and strong import competition from Asian mills pressured local producers to reduce prices. Despite stable input costs, weak consumption and limited export opportunities constrained price recovery.
Buyers adopted a cautious approach, aligning purchases with near-term needs. However, SS CR Coil (304) prices in Germany rose slightly by 0.13% in September 2025, supported by small restocking activity from distributors anticipating moderate Q4 requirements.
SS CR Coil Domestic prices FD- Willich, Germany, Grade- 316-2mm.
The price trend of SS CR Coil (316) in Germany slipped by 1.07% in Q3 2025, influenced by weak demand from machinery manufacturing and energy sectors. The availability of competitively priced imports from other EU suppliers further pressured domestic prices. Stable raw material trends and controlled mill output prevented deeper declines but offered little upside.
Overall sentiment stayed subdued as buyers focused on inventory management. However, SS CR Coil (316) prices in Germany inched up by 0.15% in September 2025, aided by limited restocking for industrial applications, though volumes remained low across most regions.
China
SS CR Coil Export prices FOB Shanghai, China, Grade- 304-1mm.
The pricing trend of SS CR Coil (304) in China dipped 1.35% in Q3 2025, largely due to sluggish demand in consumer goods, automotive, and construction segments. Domestic mills have been operating consistently throughout the quarter, while export orders have also been reduced as global stainless steel consumption fell below normal levels and other Asian suppliers became much more aggressively priced.
Nickel prices remained stable during this period and did not provide any support for a rebound in stainless prices. There has been a rather cautious market sentiment with limited restocking activity. In September 2025 SS CR Coil (304) prices in China fell 0.88% as seasonal demand contracted further and traders have been maintaining conservative inventory levels in anticipation of a bearish Q4.
SS CR Coil Export prices FOB Shanghai, China, Grade- 316-2mm.
The price trend of SS CR Coil (316) in China declined by 1.28% in Q3 2025, reflecting muted demand from chemical, marine, and high-end equipment sectors. While production rates remained steady, export performance was restrained due to softer overseas inquiries and high freight costs. Raw material cost stability offered little upward push, leaving pricing momentum limited. Market participants avoided aggressive restocking amid subdued consumption trends. SS CR Coil (316) prices in China dropped by 0.85% in September 2025, as downstream buyers delayed purchases and weaker project orders kept trade volumes light, reinforcing a bearish tone in the domestic market.
India
SS CR Coil Domestic prices EX-Mumbai, India, Grade- 304-1mm.
In Q3 2025, the price trend for SS CR Coil (304) in India decreased by 0.63%, as consumption from kitchenware, fabrication, and automotive segments remained soft. Against a backdrop of consistently soft data points, domestic producers faced additional pressure from imported material marketed at competitive prices, depressing sentiment into the quarter’s end. Excess inventory at leading distribution centres further restricted price increases, with raw material price stability.
Export demand offered little support for the market, as limited demand targeting global markets persisted. However, in September 2025, prices for SS CR Coil (304) in India increased marginally by 0.71% on the strength of additional restocking activity from fabricators and improved inquiries ahead of the festive season.
SS CR Coil Domestic prices EX-Mumbai, India, Grade- 304-1mm.
The price trend of SS CR Coil (316) in India edged lower by 0.45% in Q3 2025, impacted by slow demand from industrial, chemical, and processing units. Ample supply and stable nickel prices kept the market largely balanced but under mild pressure. Import arrivals from Asian producers added further competition, keeping mill offers subdued. Buyer sentiment remained cautious as project activity has been steady but unspectacular. However, SS CR Coil (316) prices in India climbed by 0.55% in September 2025, supported by moderate restocking and improved inquiries from select high-end industrial consumers.


