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IndiaPriceWatch 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, PriceWatch keeps you fully informed of market dynamics.
In addition, PriceWatch provides detailed forecasts and updates on production capacities, enabling you to anticipate market changes and make well-informed decisions. With PriceWatch, you gain a competitive edge in understanding all the elements that influence stainless steel hr coil prices worldwide. Stay ahead of the curve with PriceWatch’s reliable, accurate, and timely stainless steel hr coil market data.
Track PriceWatch'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.
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.
This research methodology ensures that Price-Watch 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.
Molecular Weight[g/mol]
CAS No
HS Code
Molecular Formula
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
Grades Covered
Incoterms Used
Synonym
PriceWatch Quotation Terms:
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
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.
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.
Price-Watch, 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 Price-Watch 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.
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