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Stainless Steel Hot Rolled Coil Prices, News, Historical Chart and Forecast Data

12-05-2024 11:06 AM CET | Chemicals & Materials

Press release from: IMARC Group

Stainless Steel HR Coil Prices

Stainless Steel HR Coil Prices

๐—ก๐—ผ๐—ฟ๐˜๐—ต ๐—”๐—บ๐—ฒ๐—ฟ๐—ถ๐—ฐ๐—ฎ ๐—ฆ๐˜๐—ฎ๐—ถ๐—ป๐—น๐—ฒ๐˜€๐˜€ ๐—ฆ๐˜๐—ฒ๐—ฒ๐—น ๐—›๐—ฅ ๐—–๐—ผ๐—ถ๐—น ๐—ฃ๐—ฟ๐—ถ๐—ฐ๐—ฒ๐˜€ ๐— ๐—ผ๐˜ƒ๐—ฒ๐—บ๐—ฒ๐—ป๐˜ ๐—ค๐Ÿฏ:

๐—ฆ๐˜๐—ฎ๐—ถ๐—ป๐—น๐—ฒ๐˜€๐˜€ ๐—ฆ๐˜๐—ฒ๐—ฒ๐—น ๐—›๐—ฅ ๐—–๐—ผ๐—ถ๐—น ๐—ฃ๐—ฟ๐—ถ๐—ฐ๐—ฒ๐˜€ ๐—ถ๐—ป ๐—จ๐—ป๐—ถ๐˜๐—ฒ๐—ฑ ๐—ฆ๐˜๐—ฎ๐˜๐—ฒ๐˜€:

In September 2024, the price of stainless steel HR coils in the United States reached 3,260 USD/MT for Q3. In Q3 2024, the U.S. stainless steel HR coil market displayed a stable pricing trend, marked by only slight decreases. The balance between steady supply and moderate demand contributed to this stability, as there were no significant disruptions in the supply chain. While the automotive industry experienced lower sales, the construction sector maintained consistent activity, supporting steady demand. Additionally, the absence of plant shutdowns ensured a reliable supply of stainless steel, further stabilizing the market. Overall, the pricing remained relatively unchanged throughout the quarter, reflecting a well-balanced market environment.

๐—ฅ๐—ฒ๐—พ๐˜‚๐—ฒ๐˜€๐˜ ๐˜๐—ผ ๐—š๐—ฒ๐˜ ๐˜๐—ต๐—ฒ ๐—ฆ๐—ฎ๐—บ๐—ฝ๐—น๐—ฒ ๐—ฅ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜: https://www.imarcgroup.com/stainless-steel-hr-coil-pricing-report/requestsample

๐—”๐—ฃ๐—”๐—– ๐—ฆ๐˜๐—ฎ๐—ถ๐—ป๐—น๐—ฒ๐˜€๐˜€ ๐—ฆ๐˜๐—ฒ๐—ฒ๐—น ๐—›๐—ฅ ๐—–๐—ผ๐—ถ๐—น ๐—ฃ๐—ฟ๐—ถ๐—ฐ๐—ฒ๐˜€ ๐— ๐—ผ๐˜ƒ๐—ฒ๐—บ๐—ฒ๐—ป๐˜ ๐—ค๐Ÿฏ:

๐—ฆ๐˜๐—ฎ๐—ถ๐—ป๐—น๐—ฒ๐˜€๐˜€ ๐—ฆ๐˜๐—ฒ๐—ฒ๐—น ๐—›๐—ฅ ๐—–๐—ผ๐—ถ๐—น ๐—ฃ๐—ฟ๐—ถ๐—ฐ๐—ฒ๐˜€ ๐—ถ๐—ป ๐—–๐—ต๐—ถ๐—ป๐—ฎ:

The price of stainless steel HR coils in China for Q3 2024 reached 1,025 USD/MT by September. In Q3 2024, stainless steel HR coil prices in China experienced a significant decline due to oversupply and weak demand across key industries like construction and automotive. Increased production led to an excess of supply, while a slowdown in demand from major sectors further pressured prices. Global economic challenges and trade uncertainties also contributed to the negative market sentiment, exacerbating the downward trend. As a result, the market faced consistent price declines throughout the quarter, reflecting broader economic pressures and a lack of strong recovery in key demand drivers.

๐—˜๐˜‚๐—ฟ๐—ผ๐—ฝ๐—ฒ ๐—ฆ๐˜๐—ฎ๐—ถ๐—ป๐—น๐—ฒ๐˜€๐˜€ ๐—ฆ๐˜๐—ฒ๐—ฒ๐—น ๐—›๐—ฅ ๐—–๐—ผ๐—ถ๐—น ๐—ฃ๐—ฟ๐—ถ๐—ฐ๐—ฒ ๐— ๐—ผ๐˜ƒ๐—ฒ๐—บ๐—ฒ๐—ป๐˜ ๐—ค๐Ÿฏ:

๐—ฆ๐˜๐—ฎ๐—ถ๐—ป๐—น๐—ฒ๐˜€๐˜€ ๐—ฆ๐˜๐—ฒ๐—ฒ๐—น ๐—›๐—ฅ ๐—–๐—ผ๐—ถ๐—น ๐—ฃ๐—ฟ๐—ถ๐—ฐ๐—ฒ๐˜€ ๐—ถ๐—ป ๐—š๐—ฒ๐—ฟ๐—บ๐—ฎ๐—ป๐˜†:

In Germany, the price of stainless steel HR coils for Q3 2024 reached 3,240 USD/MT by September. The stainless steel HR coil market experienced a decline during Q3 2024, driven by reduced demand and oversupply. Weaker industrial output and a decrease in new orders reflected broader market challenges, leading to price reductions. Political uncertainties and economic pressures further impacted manufacturers' confidence, leading to cautious pricing strategies. Rising costs and fluctuating feedstock prices added additional strain, contributing to a generally negative sentiment throughout the quarter. These combined factors resulted in a subdued market, with a consistent downward trend in prices as demand continued to lag behind supply.

๐—›๐—ผ๐˜„ ๐—œ๐— ๐—”๐—ฅ๐—– ๐—ฃ๐—ฟ๐—ถ๐—ฐ๐—ถ๐—ป๐—ด ๐——๐—ฎ๐˜๐—ฎ๐—ฏ๐—ฎ๐˜€๐—ฒ ๐—–๐—ฎ๐—ป ๐—›๐—ฒ๐—น๐—ฝ

The latest IMARC Group study, "๐—ฆ๐˜๐—ฎ๐—ถ๐—ป๐—น๐—ฒ๐˜€๐˜€ ๐—ฆ๐˜๐—ฒ๐—ฒ๐—น ๐—›๐—ฅ ๐—–๐—ผ๐—ถ๐—น ๐—ฃ๐—ฟ๐—ถ๐—ฐ๐—ฒ๐˜€, ๐—ง๐—ฟ๐—ฒ๐—ป๐—ฑ, ๐—–๐—ต๐—ฎ๐—ฟ๐˜, ๐——๐—ฒ๐—บ๐—ฎ๐—ป๐—ฑ, ๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ ๐—”๐—ป๐—ฎ๐—น๐˜†๐˜€๐—ถ๐˜€, ๐—ก๐—ฒ๐˜„๐˜€, ๐—›๐—ถ๐˜€๐˜๐—ผ๐—ฟ๐—ถ๐—ฐ๐—ฎ๐—น ๐—ฎ๐—ป๐—ฑ ๐—™๐—ผ๐—ฟ๐—ฒ๐—ฐ๐—ฎ๐˜€๐˜ ๐——๐—ฎ๐˜๐—ฎ ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฐ ๐—˜๐—ฑ๐—ถ๐˜๐—ถ๐—ผ๐—ป," presents a detailed analysis of Stainless Steel HR Coil price trend, offering key insights into global Stainless Steel HR Coil market dynamics. This report includes comprehensive price charts, which trace historical data and highlights major shifts in the market.

The analysis delves into the factors driving these trends, including raw material costs, production fluctuations, and geopolitical influences. Moreover, the report examines Stainless Steel HR Coil demand, illustrating how consumer behaviour and industrial needs affect overall market dynamics. By exploring the intricate relationship between supply and demand, the prices report uncovers critical factors influencing current and future prices.

๐—ฆ๐—ฝ๐—ฒ๐—ฎ๐—ธ ๐˜๐—ผ ๐—”๐—ป ๐—”๐—ป๐—ฎ๐—น๐˜†๐˜€๐˜: https://www.imarcgroup.com/request?type=report&id=22738&flag=C

๐—–๐—ผ๐—ป๐˜๐—ฎ๐—ฐ๐˜ ๐˜‚๐˜€:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
๐—˜๐—บ๐—ฎ๐—ถ๐—น: sales@imarcgroup.com
๐—ง๐—ฒ๐—น ๐—ก๐—ผ: (D) +91 120 433 0800
๐—จ๐—ป๐—ถ๐˜๐—ฒ๐—ฑ ๐—ฆ๐˜๐—ฎ๐˜๐—ฒ๐˜€: +1-631-791-1145

๐—”๐—ฏ๐—ผ๐˜‚๐˜ ๐—จ๐˜€:
IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

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