china stainless steel

From AK Steel’s press release last Friday, the company said that “it will increase base prices for all 200, 300 and 400 series flat rolled stainless steel products, effective with shipments on December 30, 2012. The release continued, “AK Steel said this increase will be achieved through a reduction in the functional discount of four […]

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Daily Nickel and Stainless Price Movements On Nov. 2, 2012, the Indian nickel cash price fell by 0.9 percent, putting it into a tie for the day’s biggest mover on MetalMiner’s stainless price index with he price of Chinese primary nickel, which also increased 0.9 percent. On the LME, the nickel 3-month price inched up 0.7 percent […]

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The cash price of primary Indian nickel saw a 1.5 percent drop on Oct. 17, 2012, making it the biggest mover of the day on MetalMiner’s stainless steel price index. The nickel spot price on the LME has been on the decline for 7 days and is now at $17,025 per metric ton. The LME […]

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The week’s biggest mover on the weekly Stainless MMI® was the spot price of nickel, which saw a 5.4 percent decline on the LME to $17,640 per metric ton. This comes on the heels of a 2.7 percent increase the week before. Following a 2.1 percent increase in the week prior, the nickel 3-month price […]

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On Oct. 12, 2012, the Indian nickel cash price fell by 3 percent, making it the day’s biggest mover on MetalMiner’s stainless price index. On the LME, the nickel 3-month price fell 0.7 percent to $17,700 per metric ton. The spot price of nickel weakened by 0.5 percent on the LME, settling at $17,640 per […]

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With a decline of 1.1 percent on the LME to $17,730 per metric ton on Oct. 11, 2012, the spot price of nickel recorded the biggest decline of the day on MetalMiner’s stainless price index. Also on the LME, the nickel 3-month price fell 0.8 percent to $17,825 per metric ton. Weakening prices followed two […]

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On Oct. 10, 2012, the day’s biggest mover on MetalMiner’s stainless price index was the price of Chinese 316 stainless coil, which saw a 0.7 percent decline. This was the first move after three changeless days, likely due to the weeklong Chinese national holiday. The prices of Chinese 304 and 316 stainless steel scrap, and […]

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On Oct. 9, 2012, the day’s biggest mover on MetalMiner’s stainless price index was the nickel spot price, which saw a 3.4 percent decline on the LME to $17,925 per metric ton. A $620 decline in the 3-month price of nickel on the LME left the price at $17,975 per metric ton. The cash price […]

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The nickel spot price saw the biggest increase at 1.9 percent on the LME, finishing at $18,830 per metric ton for Oct. 3, 2012. On the LME, the nickel 3-month price increased 1.6 percent to $18,855 per metric ton. The Indian nickel cash price closed Wednesday halting its two-day flat run with a 0.1 percent […]

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Except for LME nickel, you could hear a pin drop on global stainless markets yesterday. On Oct. 1, 2012, the nickel spot price experienced the biggest change, rising 2 percent on the LME to $18,515 per metric ton. Also on the LME, the 3-month price of nickel inched up 1.7 percent to $18,540 per metric […]

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