stainless steel hr coil Pricing Assessment

Name: Stainless Steel HR Coil Price Trend, Analysis and Forecast
Creator: PriceWatch
Published: 2025-02-18T07:01:05+00:00
License: https://www.price-watch.ai/privacy-policy/

Markets Covered:

China

Germany

United States

India

Stainless Steel HR Coil Price Trend, Analysis and Forecast

Q1 2024: In Q1 2024, the Stainless Steel HR Coil market exhibited a mix of price movements across key regions, including India, China, Germany, and the USA. In India, prices remained relatively stable showing a minor decrease from Q4 2023. The market in China also saw a slight dip, with prices decreasing reflecting subdued demand amid ongoing challenges in the domestic market. In Germany, prices showed a slight increase to USD 2743/MT, driven by steady demand from key sectors such as automotive and industrial production, alongside a stable supply chain. Meanwhile, in the USA, prices dropped, reflecting a cooling of demand from construction and manufacturing sectors, coupled with a more cautious market sentiment. Overall, Q1 2024 market analysis reveals a stable pricing environment in India and Germany, while China and the USA experienced slight price declines, driven by weaker demand and broader economic factors.

Q2 2024: The second quarter of 2024 saw a significant rise in Stainless Steel HR Coil prices across Europe, driven by multiple factors. Key influences included rising inflation, regulatory changes, and fluctuations in energy costs. Notably, the EU’s Critical Raw Materials Act (CRMA) played a significant role by imposing benchmarks on domestic production, processing, and recycling capacities, reducing dependency on non-EU sources. Additionally, the European Central Bank’s interest rate cut to 3.75% aimed to stimulate economic confidence, but rising alloy surcharges, particularly for nickel and molybdenum, contributed to increased stainless steel pricing.

Germany experienced the most substantial price changes in the region, with prices steadily increasing due to rising freight costs and robust demand from the automotive sector, which saw a notable recovery reflected in a surge of new car registrations. Seasonal demand also had an impact, with prices rising by 22% compared to the first quarter of 2024.

In China, high nickel ore costs and tight nickel pig iron (NPI) supply were major contributors to rising production expenses. Although downstream demand remained weak. Seasonal slowdowns and reduced manufacturing activity, as indicated by the Purchasing Managers’ Index (PMI), added complexity to the market dynamics.

Q3 2024: The Stainless Steel CR Coil market in the APAC region experienced a pressure on price trend in Q3 2024, driven by persistent oversupply, weak demand, and rising input costs. These factors exerted downward pressure on prices, resulting in a generally negative pricing environment. China, which saw the most significant price fluctuations, mirrored the broader regional trend. Although there was no change from the previous quarter in 2024, a slight decline of 1% was observed between the first and second halves of the quarter, reflecting the prevailing bearish market sentiment and the challenges faced by industry players. Germany, saw notable price increases compared to both the same quarter last year and the previous quarter in 2024. However, there were no significant fluctuations between the first and second halves of the quarter, signaling steady demand and a positive pricing trajectory.

In Q4 2024, the Stainless Steel HR Coil market across key regions, including India, China, Germany, and the USA, showed varied pricing trends, reflecting differing market dynamics. In India, the price remained relatively stable, indicating consistent demand and supply conditions. However, in Germany, prices decreased to USD 2780/MT from the previous quarter, largely due to persistent oversupply and subdued demand. The reduction in prices was driven by ongoing market challenges such as weak industrial activity and production cost pressures. In contrast, USA saw a slight decrease in prices from Q3, though the market remained relatively resilient, supported by strong demand from the automotive sector and limited supply disruptions.

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is your trusted resource for tracking global stainless steel hr coil price trends. Our platform delivers real-time data and expert analysis, offering deep insights into the key factors driving price fluctuations in the stainless steel hr coil market. By monitoring critical events such as geopolitical tensions, supply chain disruptions, and economic shifts, keeps you fully informed of market dynamics.

In addition, provides detailed forecasts and updates on production capacities, enabling you to anticipate market changes and make well-informed decisions. With , you gain a competitive edge in understanding all the elements that influence stainless steel hr coil prices worldwide. Stay ahead of the curve with ’s reliable, accurate, and timely stainless steel hr coil market data.

Track 's stainless steel hr coil price assessment on a weekly basis since 2015 onwards, along with short-term forecasts, and get access to the detailed report in a downloadable format.

Historically, several events have caused significant fluctuations in stainless steel hr coil prices

Global Economic Downturn (2019-2020): The global economic slowdown, particularly in sectors like steel and automotive, led to reduced demand for stainless steel HR coil, resulting in lower prices.
COVID-19 Pandemic (2019-2020): The global pandemic led to a significant decline in demand for stainless steel HR coil-intensive industries, such as steelmaking and automotive manufacturing, causing prices to plummet.
Global Supply Chain Disruption (2022): The war in Ukraine and other geopolitical tensions disrupted supply chains, leading to price volatility in various commodities, including stainless steel HR coil.
Raw Material Price Volatility: Fluctuations in the prices of key raw materials such as nickel and chromium played a significant role in influencing stainless steel prices. Nickel, in particular, saw large price swings, with prices climbing in 2019.
Raw Material and Energy Price Surge (2021-2022): The global energy crisis, particularly the surge in natural gas and electricity prices during 2021-2022, directly impacted the production costs of stainless steel. High energy prices affected the operations of major steel mills, driving up production costs, which were subsequently reflected in the final prices of stainless steel HR coils.

These events underscore the stainless steel HR coil market’s vulnerability to global disruptions and highlight the need for continuous monitoring of supply-demand dynamics.

Methodology and Specifications

stainless steel hr coil Pricing Assessment Research Methodology

Data Collection and Sources

Real-Time Market Data: PriceWatch aggregates real-time pricing data from a diverse range of sources, including global commodity exchanges, industry reports, and proprietary databases. This ensures that our assessments reflect the most current market conditions.
On-the-Ground Intelligence: Our team gathers insights directly from key market participants, including producers, suppliers, traders, and end-users, across major stainless steel HR coil production hubs. This ground-level intelligence is crucial for understanding localized market dynamics.
Supply Chain Monitoring: We track the entire stainless steel HR coil supply chain, from raw material availability to production and distribution channels. This includes monitoring feedstock prices, production capacities, and transportation logistics.

Event Tracking and Impact Analysis

Geopolitical Tensions: PriceWatch continuously monitors global geopolitical developments, such as conflicts or trade disputes, which can significantly impact stainless steel HR coil prices. Our analysis includes potential disruptions to supply chains and their immediate and long-term effects on pricing.
Natural Disasters and Climate Events: We assess the impact of natural disasters, such as hurricanes or winter storms, on stainless steel HR coil production facilities, particularly in vulnerable regions like the APAC coasts. These events are factored into our price forecasts and supply outlooks.
Economic Shifts: PriceWatch evaluates macroeconomic trends, including global economic growth, inflation rates, and sector-specific demand (e.g., automotive, packaging, to predict shifts in stainless steel HR coil demand and corresponding price movements.

Production Capacity and Supply Analysis

Current Production Monitoring: We maintain a comprehensive database of global stainless steel HR coil production facilities, tracking their operational status, maintenance schedules, and output levels. This allows us to assess current supply availability accurately.
Future Capacity Projections: Our research includes detailed forecasts of upcoming stainless steel HR coil production capacities, factoring in new plant constructions, expansions, and technological advancements. This helps in predicting future supply trends and potential price stabilization.

Demand Forecasting

Sectoral Demand Analysis: PriceWatch provides an in-depth analysis of demand trends across key sectors, including packaging, automotive, and construction. We track year-on-year demand growth and project future consumption patterns based on economic indicators and industry developments.
Global Demand Dynamics: Our methodology considers regional demand variations and how they influence global stainless steel HR coil pricing. This includes understanding the impact of shifts in manufacturing bases, trade policies, and environmental regulations.

Pricing Model Development

Dynamic Pricing Models: PriceWatch utilizes advanced econometric models to forecast stainless steel HR coil prices, incorporating real-time data, historical trends, and projected market conditions. Our models are continuously refined to enhance accuracy and predictive power.
Scenario Analysis: We conduct scenario-based assessments to evaluate potential future market conditions. This includes best-case, worst-case, and most-likely scenarios, helping our clients prepare for a range of market outcomes.

Reporting and Client Support

Comprehensive Reports: Our clients receive detailed reports that include current price assessments, future price forecasts, and in-depth analysis of market drivers. These reports are designed to be actionable, providing clear insights and recommendations.
Ongoing Support: PriceWatch offers continuous updates and personalized support to our clients, ensuring they have the most up-to-date information to make informed decisions. Our experts are available to discuss specific market developments and provide tailored advice.

This research methodology ensures that PriceWatch delivers the most accurate, timely, and actionable stainless steel HR coil pricing assessments, helping our clients stay ahead of market trends and make informed business decisions.

Specifications

Molecular Weight[g/mol]

CAS No

HS Code

721933

Molecular Formula

stainless steel hr coil

A stainless steel hot rolled coil is a type of steel product made by heating stainless steel above its recrystallization temperature and then rolling it into thin, continuous coils. The process involves passing the heated stainless steel through a series of rollers to reduce its thickness and shape it into long, flat, and durable strips. Stainless steel HR coils are highly valued for their corrosion resistance, strength, and aesthetic appeal.

Packaging Type

Container

Grades Covered

304-3mm, 304/2B-2mm

Incoterms Used

FOB Shanghai (China), Ex-Mumbai (India), Del-Alabama (USA), FD Willich (Germany)

Synonym

stainless steel HR coil

Quotation Terms:

15-20 MT

Ex-Location: This incoterm refers to a shipping agreement where the seller makes the goods available at their premises, and the buyer is responsible for all transportation costs, including shipping, insurance, and any other fees.
CIF: CIF refers to the Cost, Insurance, and Freight (CIF) terms for goods. Under CIF terms, the seller is responsible for the cost of goods, insurance, and freight charges until the goods reach the port of destination.
FD: FD stands for Free Delivered where the seller takes full responsibility for delivering goods to the location/port. This ensures the buyer receives the goods at the designated port with all necessary costs, except import duties, covered.
FOB: FOB refers to the Free On-Board shipping term, where the seller is responsible for the cost and risk of delivering the goods to the port. Once the goods are on board the vessel, the responsibility shifts to the buyer for all costs, including shipping and insurance.

Property	Specification
Grade	304
Standard	ASTM A240, JIS G4304, EN 10088
Thickness	1-5mm
Width	1000mm – 2000mm
Surface Finish	No.1, 2B, HRAP
Tensile Strength	515 MPa min
Yield Strength	205 MPa min
Hardness	HRB 92 max
Density	7.93 g/cm³
Chemical Composition	Fe, 18-20% Cr, 8-10.5% Ni, <2% Mn, <0.08% C

Applications

• Automotive Industry: Body Panels and Structural Components: • Construction Industry: Structural steel, roofing and cladding, Reinforcement Bars • Energy and Power Generation: Pipelines, boilers and heat exchange • Shipbuilding and Marine Applications: Hull and deck plates, Marine equipments. • Food Processing Industry: Storage and processing equipment

Disclaimer

Stainless Steel HR Coil price provided by is a base price and excludes VAT/Taxes, discounts, or offers. The information herein is accurate to the best of our knowledge as of the date indicated and is provided solely for the convenience of our customers as a reference for stainless steel hr coil. disclaims any warranties or representations regarding the accuracy of results derived from this information. It is the sole responsibility of the user to assess the suitability of the product for their specific application. This document does not constitute an endorsement to use the product in violation of any applicable patent rights.

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Frequently asked questions

What factors influence the pricing of Stainless-Steel HR Coil (SSHR Coil)? +

The price of Stainless-Steel HR Coil (SSHR) is influenced by several key factors, including:
1. Raw Material Costs
• Prices of Nickel, Chromium, and Iron fluctuate based on market demand and supply.
• Nickel is especially volatile and significantly impacts SS 304 pricing.
2. Market Demand and Supply
• High demand from industries like construction, automotive, and manufacturing raises prices.
• Supply chain disruptions (e.g., raw material shortages, logistics issues) can increase costs.
3. Production Costs
• Energy costs, including electricity and fuel for steel production.
• Labor costs in manufacturing and processing.
• Technology and automation level in the production process.
4. Global Economic Conditions
• Inflation, interest rates, and currency exchange rates impact raw material imports and pricing.
• Trade policies, tariffs, and duties imposed by different countries.
5. Quality and Specifications
• Grade of steel (e.g., 304, 316, 430) affects cost due to different compositions.
• Thickness, width, and surface finish (No.1, 2B, HRAP) also determine price.
6. Freight and Logistics Costs
• Transportation costs for shipping raw materials and finished coils.
• Availability of containers and shipping routes.
7. Government Regulations and Taxes
• Import/export duties, anti-dumping duties, and environmental compliance costs.
• Certification requirements (ISO, ASTM) affecting production expenses.
8. Seasonal and Regional Variations
• Prices may fluctuate based on regional demand-supply dynamics.
• Seasonal demand from industries like construction can cause price hikes.

What is the relationship between commodity prices and inflation? +

Commodity prices can have a significant impact on inflation. When commodity prices rise, it can increase the cost of production for businesses, which may pass these costs on to consumers in the form of higher prices. This can lead to inflation, a sustained increase in the general price level of goods and services in an economy.

How can I track Stainless Steel HR Coil Prices? +

PriceWatch, a leading procurement intelligence firm, offers a comprehensive suite of tools and services to help you effectively track Stainless Steel HR Coil prices.
Some of the key benefits of using PriceWatch include:
Real-time Data: Access to up-to-date market intelligence and data on commodity supply chains.
Expert Analysis: Insights from industry experts to interpret market trends and identify potential risks.
Risk Assessment: Tools to assess supply chain vulnerabilities and develop mitigation strategies.
Benchmarking: Comparisons of Stainless-Steel HR Coil prices and sourcing practices to optimize procurement decisions.
Supplier Intelligence: Detailed information on suppliers, including their financial health, production capacity, and sustainability practices.