Explore the factors influencing stainless steel prices per kilogram, including raw material costs, global demand, economic factors, and production expenses. Understand how grades like austenitic series 304 and 316 are priced differently due to their composition and corrosion resistance. Learn about the impact of global economic dynamics and environmental initiatives on stainless steel cost fluctuations.

Steel rose to 3,117 CNY/T on December 2, 2025, up 0.23% from the previous day. Over the past month, Steel's price has risen 1.30%, but it is still 7.09% lower than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Steel - values, historical data, forecasts and news - updated on December of 2025.

Explore the factors influencing stainless steel prices per kilogram in 2023, including grade variations, global demand, and supply chain challenges. Understand the impact of raw material costs and geopolitical policies on stainless steel pricing for grades 304, 316, and 410.

Get the latest insights on price movement and trend analysis of Stainless Steel (316) in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

Explore the fluctuating prices of 316L stainless steel, influenced by market demand, economic conditions, and raw material costs. Learn about its applications in the chemical, marine, and medical industries, and discover factors affecting its price, from alloying elements to regional variations.

Track Stainless Steel 304 price trends with monthly, quarterly, and yearly data for 2024–2025. Get expert forecasts, historical charts, and regional insights to plan your sourcing.

Explore the factors influencing stainless steel pricing per kilogram including alloy composition, market demand, geopolitical dynamics, and supply chain challenges. Learn about variable costs associated with different stainless steel grades and the impact of nickel and molybdenum prices. Discover how bulk purchases can affect rates and why staying informed on market trends is crucial for accurate pricing estimates.

In the second quarter of financial year 2025, the cost of a 16 mm steel bar in the Indian cities of Chennai and Hyderabad reached ** Indian rupees per kilogram. However, in Delhi, the steel was slightly more affordable. Compared to the previous year, there was a noticeable increase in steel prices across all cities. The significant uptick in the cost of steel in India towards the end of 2020, was believed to be a result of China’s increased demand for Indian iron ore. Crude steel India’s crude steel production has been growing steadily, with the basic oxygen furnace (BOF) being the preferred production method. While both private and public sector companies contribute to this production, the private sector, dominates the market. JSW Steel, in particular, has the highest production capacity in India, contributing significantly to the country’s position as the world’s second-largest producer of steel. Steel consumption in India Steel consumption in India has been on a steady rise, with the country’s rapid industrialization and development in sectors such as construction, automobile, and infrastructure. This upward trend in steel consumption is estimated to persist, with an annual growth rate of **** percent in fiscal year 2024.

Explore the factors influencing the cost of stainless steel 316 per kilogram, including market trends, material components, and purchasing strategies in 2023. Discover why this durable alloy is a top choice for various industrial applications, despite price fluctuations.

HRC Steel fell to 891.06 USD/T on December 2, 2025, down 0.88% from the previous day. Over the past month, HRC Steel's price has risen 5.08%, and is up 29.14% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. This dataset includes a chart with historical data for HRC Steel.

Explore the factors affecting the price of Stainless Steel 321, a titanium-stabilized alloy known for its high-temperature resistance and corrosion protection. Learn about pricing influences, applications in demanding environments, and considerations when purchasing, while staying updated on market trends and supplier comparisons.

Explore the factors affecting the price of stainless steel 316 per kilogram, including market demand, production costs, and global economic conditions. Learn how elements like raw material pricing, geopolitical factors, and exchange rates contribute to fluctuations between $3 to $5 USD per kilogram.

The stainless steel intermediate bulk containers (IBCs) market size was valued at USD 6 billion in 2022 and is projected to grow at a CAGR of 4.60% to reach USD 9.1 billion by 2033. The growth of the market can be attributed to the increasing demand for stainless steel IBCs from various end-use industries such as industrial chemicals, petroleum & lubricants, food & beverages, construction, pharmaceutical, and others. Stainless steel IBCs are preferred due to their durability, corrosion resistance, and ability to handle a wide range of chemicals and liquids. The end-user segment is the major segmentation in the market and is expected to hold a significant market share during the forecast period. The industrial chemicals segment is the largest end-use segment due to the increasing demand for stainless steel IBCs for the transportation and storage of hazardous chemicals. The petroleum & lubricants segment is also expected to grow at a significant rate due to the increasing demand for stainless steel IBCs for the transportation and storage of petroleum products. The food & beverages segment is also expected to grow at a steady rate due to the increasing demand for stainless steel IBCs for the transportation and storage of food and beverage products. The construction segment is also expected to grow at a steady rate due to the increasing demand for stainless steel IBCs for the transportation and storage of construction materials. The pharmaceutical segment is also expected to grow at a steady rate due to the increasing demand for stainless steel IBCs for the transportation and storage of pharmaceutical products. Recent developments include: In July 2022, the company launched SCHÄFER Cube, a reusable container made of stainless steel. The SCHÄFER Cube has ADR certification and is approved under UN 31 A/Y for the transport of hazardous goods up to 2.0 kg/litre. The low dead-space design of the container’s draining outlet enables optimum residual emptying and its low construction means up to 44 Cubes can be accommodated in a standard truck trailer. A new UN approval for land and sea transport complements the product portfolio in the frameless container segment. A special feature of the new stackable 1,000-litre reusable IBC for liquids and paste-like substances is its basic dimensions of 1,200 x 1,000 mm. These industrial pallet dimensions guarantee efficient space utilization during transport and storage. In 2021, THIELMANN is delighted to announce that the organization has joined collectively with different main keg furnish chain gamers to structure the Steel Keg Association. The Steel Keg Association is a marketing-focused non-profit company that ambitions to expand the quantity of beer and different liquids served from stainless metal kegs. These companions encompass BLEFA, Hillebrand Gori, Micro Matic, MicroStar Logistics, and Schaefer Container Systems. In November 2021: Precision IBC, Inc. ("Precision IBC"), a leading provider of stainless steel and poly intermediate bulk containers (IBC), has acquired Metano IBC Services ("Metano"), an intermediate bulk container rental company with operations in New Jersey. The acquisition of Metano enhances Precision IBC's rental footprint in the Northeast U.S. and supports its efforts to provide competitive and tailored rental solutions across diverse industries. In Aug 2021, Sharpsville Container Corporation (SCC) acquired the product lines of EF Britten (EFB), a manufacturer and provider of DOT-39 and DOT-4B cylinders, stainless steel, and brass valves. This acquisition complements SCC’s existing SCC product line offerings of DOT-39 high-pressure gas cylinders, UN/DOT-rated transport vessels and ASME-approved tanks. . Key drivers for this market are: Growing demand from end-use industries: The increasing demand for Stainless Steel IBCs from end-use industries, such as the chemical, pharmaceutical, and food & beverage industries, is a key factor driving the market growth.

Stringent regulations: The stringent regulations regarding the safe storage and transportation of hazardous materials are driving the demand for Stainless Steel IBCs, as they offer a high level of containment and durability.

Increasing awareness about environmental impact: The growing awareness about the environmental impact of plastic IBCs is leading to a shift towards more sustainable packaging solutions, such as Stainless Steel IBCs.. Potential restraints include: High cost: Stainless Steel IBCs are more expensive than plastic IBCs, which can be a constraint for cost-sensitive customers.

Product substitutes: Product substitutes, such as plastic IBCs, pose a challenge to the Stainless Steel IBCs Market, as they offer lower cost and similar functionality.

Limited availability of raw materials: The limited availability of raw materials, such as stainless steel, can impact the production and supply of Stainless Steel IBCs.. Notable trends are: Smart IBCs: The integration of sensors and other technologies into Stainless Steel IBCs is a key emerging trend. These smart IBCs can provide real-time data on fill level, temperature, and location, enabling better inventory management and supply chain visibility.

Sustainable IBCs: The development of sustainable Stainless Steel IBCs is another emerging trend. These IBCs are designed to minimize environmental impact throughout their lifecycle, from production to disposal.

Customizable IBCs: The growing demand for customized Stainless Steel IBCs is leading to the development of new customization options. These options allow customers to tailor their IBCs to meet their specific needs..

Explore the factors affecting steel railing prices per kilogram, including material type, regional differences, market demand, and design intricacies. Understand why prices vary with stainless and mild steel, and how global economic conditions and customizations impact costs.

In May 2024, the price of one metric ton of nickel stood at some ********* U.S. dollars. In comparison, in December 2016, the price of nickel was just below ****** U.S. dollars per metric ton. Thus, the nickel price has increased considerably in recent years, though it continuously fluctuates. In the beginning of 2022, however, the price of nickel skyrocketed due to disruptions to supply chains and a wide scarcity of raw materials and metals. Overview of nickel Discovered in 1751, nickel is a base metal with a silvery-white lustrous appearance that has a slightly golden tinge. The metal is crucial for many global industries, especially, for example, for the production of stainless-steel. Nickel is highly corrosion-resistant and is used to plate other metals in order to protect them. Because of these useful traits, nickel is used in more than ******* products worldwide, spanning from architectural, industrial, military, transportation and aerospace, marine, currency, and consumer applications. Nickel price dynamics Though nickel is the fifth most abundant element found on Earth, as with any commodity, the price of nickel can vary widely depending on global market conditions. Following the collapse of the Soviet Union, exports of nickel increased dramatically, dropping the price of nickel in the mid-1990s to below production costs. Nickel production in the Western Hemisphere was reduced during that period. Prices then increased again, up to a high of ****** U.S. dollars per metric ton in May 2007. Since then, nickel prices have decreased, and have remained between a low of ***** U.S. dollars per metric ton and a high of ****** U.S. dollars per metric ton between 2016 and 2021. It is forecast that the price of nickel will amount to more than ****** U.S. dollars per metric ton in 2025.

Nickel fell to 14,879.88 USD/T on December 3, 2025, down 0.20% from the previous day. Over the past month, Nickel's price has fallen 1.20%, and is down 7.47% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Nickel - values, historical data, forecasts and news - updated on December of 2025.

Explore the factors influencing the price of stainless steel railing grade 304, renowned for its strength and aesthetic appeal. Learn about cost determinants like material and manufacturing expenses, geographical location, and global economic factors, along with considerations for advanced finishes and custom designs. Consult local suppliers for precise pricing and understand market dynamics for construction projects.

In recent years, nickel prices have hit some of their all-time highest numbers, at an average of almost 26,000 U.S. dollars per metric ton throughout 2022. This was driven by a large spike in prices at the end of that year, where they peaked at 31,275 U.S. dollars per ton in mid-November. The recent surge in nickel prices has been driven by several factors, including disruptions to Russia's (the world's third-largest nickel producer) export industry following its invasion of Ukraine. Additionally, demand for nickel has grown alongside the growth of lithium-ion battery production, driven by the growth of the electronic car market. However, these recent peaks are still well below the all-time annual high of more than 37,000 U.S. dollars in 2007, where low international supply coupled with high demand from China's stainless-steel manufacturing industries caused prices to soar.

The global spring plunger market is experiencing robust growth, driven by increasing automation across diverse industries. The market, estimated at $500 million in 2025, is projected to expand at a Compound Annual Growth Rate (CAGR) of 6% from 2025 to 2033, reaching approximately $800 million by 2033. This growth is fueled by several key factors, including the rising demand for precision engineering components in automotive, electronics, and industrial machinery. The increasing adoption of advanced manufacturing technologies and the need for reliable, efficient fastening solutions are further propelling market expansion. Stainless steel spring plungers hold the largest market share due to their superior corrosion resistance and durability, making them ideal for demanding applications. The transportation sector, followed closely by electrical and metalworking industries, dominates the application segment, showcasing the diverse utility of these components. However, fluctuating raw material prices and potential supply chain disruptions present challenges to sustained market growth. The competitive landscape is characterized by a mix of established players and regional manufacturers, each vying for market share through innovation and strategic partnerships. Significant growth opportunities exist in emerging economies, particularly within the Asia-Pacific region, driven by rapid industrialization and infrastructure development. The increasing demand for customized spring plungers with specialized functionalities represents a key trend, with manufacturers investing in R&D to meet these evolving needs. Furthermore, advancements in material science are leading to the development of lighter, more durable, and environmentally friendly spring plungers, catering to the growing focus on sustainability. While the market faces challenges like economic fluctuations and material cost volatility, the overall outlook remains positive, with continuous growth projected across all major segments and regions throughout the forecast period. Strategic partnerships and technological innovations will play a crucial role in shaping the future of the spring plunger market.

For the third consecutive year, Sudan recorded decline in supplies from abroad of forged bars of stainless steel, which decreased by -49.4% to 170 kg in 2023.