Cost side, the cost of 304 stainless steel cold-rolled coil (CRC) continued to rise this week. This may be attributed to the increase in raw material prices and adjustments in production costs, which ...
Weak Downstream Purchase Willingness, Cost-Driven Price Resilience. On April 2, the activity in the stainless steel spot market was lackluster, with weak downstream purchase willingness. The ...
U.S. steel prices have surged significantly this year, with benchmark hot-rolled coil (HRC) prices rallying more than 25%.