Price-Watch’s most active coverage of Stainless Steel HR Coil price assessment:
Asia-Pacific
- Stainless Steel, 304-3mm, FOB Shanghai, China
- Stainless Steel, 304-3mm,, Ex-Mumbai, India
North America
- Stainless Steel 304/2B-2mm, Del Alabama, USA
Europe
- Stainless steel 304-3mm, FD Willich, Germany
Note: In assessments structured as CIF [Importing Port] (Exporting Country), the country mentioned in brackets indicates the primary origin of supply (exporting country), while the named port refers to the destination port in the importing country. Other Incoterms (FOB, FD, EXW, etc.) should be interpreted in accordance with standard international trade definitions.
SS HR Coil Price Trend Q4 2025
In the fourth quarter of 2025, the global stainless steel HR Coil market experienced slight softening, influenced by stable alloy surcharges, cautious restocking, and moderated fabrication schedules. China and Germany saw declines from oversupply and energy costs, while the USA remained steady on balanced demand. India faced mild pressure from imports, creating a generally stable but downward-leaning environment.
Stainless Steel, 304-3mm, FOB Shanghai, China
The price trend of stainless-steel HR Coil in China declined by 1.3% in Q4 2025, driven by high finished goods stocks at Shanghai and Tianjin ports alongside weak auto body panel inquiries for 304 grades. Mills like Baosteel shortened rolling campaigns under electricity rationing, exacerbating supply gluts in commercial widths. Chromium import delays offered no relief, with downstream pressure vessel fabricators delaying amid project bids. Export offers to ASEAN markets lost traction against local producers. Stainless steel HR Coil prices in China fell by -0.17% in December 2025 as seasonal factory slowdowns persisted beyond expectations. Spot traders resorted to minimal premiums on 304/430 mixes to shift inventory before year-end audits. Limited festive demand from appliances capped any rebound potential.
Stainless Steel, 304-3mm,, Ex-Mumbai, India
The price trend of stainless-steel HR Coil in India declined by 0.5% in Q4 2025, stemming from competitive coil landings at Nhava Sheva and post-Diwali pauses in railway coach orders. Domestic players like APL Apollo maintained 316L quotes but yielded on thinner gauges amid buyer resistance. Rising secondary scrap collections eased melting costs partially, yet container freight surges deterred re-exports. Engineering fabricators favored carbon alternatives selectively. Stainless steel HR Coil prices in India fell by -0.72% in December 2025 with wedding season inquiries failing to accelerate off-take meaningfully. Service centers cleared 2D finishes at concessions, facing prolonged credit terms from OEMs. Lack of infrastructure tenders prolonged the consolidation phase.
Stainless Steel 304/2B-2mm, Del Alabama, USA
The price trend of stainless steel HR Coil in the USA stayed flat in Q4 2025, helped by steady orders from aircraft parts for 321 grades, balancing weaker construction demand. Companies like Allegheny kept supplies ready for next quarter, with tariffs blocking cheap Chinese 201 coil imports. Local scrap prices stabilized, keeping various widths available in the Midwest. Food equipment demand added some late strength. Stainless steel HR Coil prices in the USA fell by -0.58% in December 2025 as companies cut budgets at year-end, buying only essentials. Distributors focused on 316Ti for pharma needs over spot 304, slowing merchant sales. Stable policies kept prices from dropping faster.
Stainless Steel 304/2B-2mm, Del Alabama, USA
The price trend of stainless-steel HR Coil in Germany declined by 0.9% in Q4 2025, pressured by automotive OEM destocking and elevated gas network charges impacting Aperam run rates. EU safeguard volumes from Indonesia filled gaps insufficiently, leaving channel inventories elevated post-turnarounds. Molybdenum surcharge softening trailed nickel stability, with rail tank car deferrals amplifying weakness. Precision tube makers shifted specifications downward. Stainless steel HR Coil prices in Germany fell by -0.95% in December 2025 as Christmas shutdowns accelerated earlier than planned across Bayern clusters. Buyers secured continuity parcels only, pressuring ex-works differentials on bright annealed surfaces. Weaker euro aided selective Eastern bids, moderating the descent.




