For the Quarter Ending March 2026
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Stainless Steel CR Coil Prices inÌýNorth America
- In the USA, the Stainless Steel CR Coil Price Index fell by 4.48% quarter-over-quarter, as imports softened.
- The average Stainless Steel CR Coil price for the quarter was approximately USD 4246.00/MT, based on Gulf assessments.
- Stainless Steel CR Coil Spot Price volatility persisted as import arrivals and distributor restocking influenced weekly trades.
- Stainless Steel CR Coil Price Forecast suggests correction before spring, contingent on restocking pace and Asian offers.
- Stainless Steel CR Coil Production Cost Trend marginally mixed as ferrochrome upticks offset easing container freight benefits.
- Stainless Steel CR Coil Demand Outlook subdued as automotive and construction soften and chemical fabricators maintain purchases.
- Stainless Steel CR Coil Price Index showed persistent domestic premiums from tariffs offsetting cheaper Asian export offers.
- Service-centre inventories lengthened, easing spot premiums while import arrivals and mill outputs kept steady balance.
Why did the price of Stainless Steel CR Coil change in March 2026 in North America?
- Softer South Korean and Indonesian offers lowered landed costs, pressuring domestic CFR and spot values.
- Domestic restocking paused as service-centres held larger inventories, lowering immediate offtake and weakening spot bids.
- Easing container freight and stable feedstock costs trimmed landed prices, while tariffs preserved domestic floor.
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Stainless Steel CR Coil Prices inÌýAPAC
- In Japan, the Stainless Steel CR CoilÌý Price Index rose by 1.67% quarter-over-quarter, cost pressures.
- The average Stainless Steel CR Coil price for the quarter was approximately USD 2847.33/MT reported.
- Distributors accepted higher offers, keeping Stainless Steel CR CoilÌýSpot Price elevated amid comfortable inventories.
- Stainless Steel CR Coil CR Coil Price Forecast suggests gains as mills tighten allocations and lift prices.
- LNG tariffs and nickel increases lifted Stainless Steel CR CoilÌýProduction Cost Trend, squeezing margins.
- Stainless Steel CR Coil Demand Outlook remains stable with automotive builds supporting steady Q1 call-offs.
- High inventories pressured offers, limited export interest constrained arbitrage, influencing Stainless Steel CR Coil flows.
- Mills ran conservative schedules, announcing list price increases to offset higher alloy and energy expenses.
- Near-term Stainless Steel CR Coil Price Forecast depends on feedstock availability and destocking pace adjustments.
Why did the price of Stainless Steel CR CoilÌýchange in March 2026 in APAC?
- March price change driven by Indonesian nickel export suspension and ferrochrome cuts tightening feedstock availability.
- Elevated service centre inventories encouraged distributor discounting, offsetting some upward pressure from rising production costs.
- Higher LNG tariffs and shipping delays increased conversion costs, supporting prices despite muted export demand.
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Stainless Steel CR Coil Prices inÌýEurope
- In Germany, the Stainless Steel CR Coil Price Index rose by 4.12% quarter-over-quarter, tightening availability.
- The average Stainless Steel CR Coil price for the quarter was approximately USD 2853.67/MT, reported.
- Service centre destocking constrained availability, supporting Stainless Steel CR Coil Spot Price amid balanced output.
- Energy tariffs and alloy surcharges shaped Stainless Steel CR Coil Production Cost Trend, pressuring margins.
- German automotive restocking improved demand, strengthening the Stainless Steel CR Coil Demand Outlook for near-term procurement.
- Commentary supported Stainless Steel CR Coil Price Forecast reflecting EU policy shifts and inventory adjustments.
- Export demand into Poland helped firm Stainless Steel CR Coil Price Index despite subdued construction consumption.
- Service centre inventories near four weeks eased urgency, moderating Stainless Steel CR CoilÌýbuying and volatility.
Why did the price of Stainless Steel CR CoilÌýchange in March 2026 in Europe?
- Supply tightness from mill lead times and reduced import options tightened availability, supporting price increases.
- Easing alloy surcharge calculations reduced cost push while elevated energy tariffs continued pressuring production margins.
- Balanced inland logistics and imports offset volatility, while buyer restocking and policy shifts influenced sentiment.
For the Quarter Ending December 2025
North America
- In the USA, the Stainless Steel CR Coil Price Index fell by 5.98% quarter-over-quarter, reflecting surplus imports.
- The average Stainless Steel CR Coil price for the quarter was approximately USD 4445.00/MT reported.
- Stainless Steel CR Coil Spot Price firmed sporadically as tariffs and restocking lifted select Gulf Coast offers.
- Stainless Steel CR Coil Price Forecast shows slight firmness into January driven by restocking and import displacement.
- Stainless Steel CR Coil Production Cost Trend rose modestly as nickel and ferrochrome volatility pressured melt margins.
- Stainless Steel CR Coil Demand Outlook mixed: resilient food equipment draws offset by softer automotive and construction orders.
- The Stainless Steel CR Coil Price Index oscillated with inventory trimming and Asian export offers affecting valuations.
- Service centre restocking, Section 232 duties, and steady mill runs jointly tightened available shipments and supported offers.
Why did the price of Stainless Steel CR Coil change in December 2025 in North America?
- Import tariffs redirected demand to domestic mills, reducing import competitiveness and tightening transactional availability regionally.
- Nickel and ferrochrome volatility raised melt costs, prompting Asian mills to lift offers, influencing landed import economics.
- Year-end restocking and tighter service centre positions combined with muted broader demand to create isolated price support.
APAC
- In Japan, the Stainless Steel CR Coil Price Index rose by 12.39% quarter-over-quarter, reflecting import tightness.
- The average Stainless Steel CR Coil price for the quarter was approximately USD 2800.67/MT on market.
- Stainless Steel CR Coil Spot Price remained volatile amid alloy surcharge changes and shifting scrap availability.
- Stainless Steel CR Coil Price Forecast indicates gains as maintenance outages and seasonal restocking tighten supply.
- Stainless Steel CR Coil Production Cost Trend reflects higher nickel and ferrochrome inputs increasing melt expenses.
- Stainless Steel CR Coil Demand Outlook constructive for appliances and exports, while construction demand moderates seasonally.
- Inventory accumulation pressured Stainless Steel CR Coil Price Index earlier, while lower port stocks supported resilience.
- Domestic mills' operating discipline and Nippon Steel mark-ups sustained offers despite Chinese export overhang pressures recently.
Why did the price of Stainless Steel CR Coil change in December 2025 in APAC?
- Import constraints and maintenance reduced available tonnage, tightening supplies and supporting December price firmness significantly.
- Higher nickel and ferrochrome feedstock costs, weaker yen, and rising freight increased landed coil costs.
- Elevated distributor inventories earlier pressured offers, while year-end restocking and export demand supported late-December recovery.
Europe
- In Germany, the Stainless Steel CR Price Index fell 4.05% quarter-over-quarter, reflecting surplus supply and weak demand.
- The average Stainless Steel CR price for the quarter was approximately USD 2769.67/MT, in quarterly totals.
- Stainless Steel CR Spot Price showed December volatility amid scrap tightness and constrained EU import quotas.
- Stainless Steel CR Price Forecast remains firm as safeguard measures and higher energy costs support values.
- Stainless Steel CR Production Cost Trend rose on firmer nickel and ferrochrome surcharges, elevated electricity tariffs.
- Stainless Steel CR Demand Outlook stayed weak as automotive and construction destocking limited volumes and restocking.
- Stainless Steel CR Price Index weekly swings reflected balanced supply yet quarterly decline across German markets.
- Service centre inventories and EU safeguard quotas shaped trade flows while mills maintained offer discipline.
Why did the price of Stainless Steel CR change in December 2025 in Europe?
- Tight scrap availability and safeguard quotas reduced import competition, tightening marginal availability and supporting prices.
- Weak downstream demand and destocking by automotive and construction sectors depressed volumes and pricing power.
- Nickel and ferrochrome surcharges plus higher electricity tariffs raised production costs, underpinning firmer price floor.
For the Quarter Ending September 2025
North America
- In the USA, the Stainless Steel CR Coil Price Index fell by 5.73% quarter-over-quarter, amid weak demand.
- The average Stainless Steel CR Coil price for the quarter was approximately USD 4266.00/MT, reflecting inventory pressure.
- Stainless Steel CR Coil Spot Price drifted lower in September as readings extended a 12-week bearish trend.
- Stainless Steel CR Coil Production Cost Trend held steady with flat nickel and ferrochrome, capping upside potential.
- Stainless Steel CR Coil Demand Outlook remains weak; construction and automotive offtake failed to absorb available supply.
- Stainless Steel CR Coil Price Forecast expects range-bound movement unless demand recovers or mills cut production slightly.
- High service-center inventories and elevated inventory-to-consumption ratios pressured the Stainless Steel CR Coil Price Index downward consistently.
- Mills ran with no unplanned outages; tariffs and freight dynamics created mixed import parity signals.
Why did the price of Stainless Steel CR Coil change in September 2025 in North America?
- Ample domestic production and steady imports increased physical availability, exerting downward pressure on spot prices.
- Weak construction and automotive demand reduced offtake, intensifying inventory overhang and suppressing upward price momentum.
- Stable feedstock and energy costs limited cost-push inflation, while tariffs and freight provided pricing signals.
APAC
- In Japan, the Stainless Steel CR Coil Price Index rose by 2.21% quarter-over-quarter, driven by scrap.
- The average Stainless Steel CR Coil price for the quarter was approximately USD 2492.00/MT reported.
- Scrap benchmark increases lifted Stainless Steel CR Coil Spot Price, squeezing margins and prompting pass-throughs.
- Inventory drawdowns and restocking tightened availability, influencing the Stainless Steel CR Coil Price Index regionally.
- Anti-dumping measures and tariffs redirected flows, reshaping the Stainless Steel CR Coil Demand Outlook regionally.
- Yen weakness and higher scrap supported a firmer Stainless Steel CR Coil Production Cost Trend.
- Stable mill runs yet subdued end-use demand shape the Stainless Steel CR Coil Price Forecast.
- Higher scrap and muted construction demand keep Stainless Steel CR Coil Price Index range-bound regionally.
Why did the price of Stainless Steel CR Coil change in September 2025 in APAC?
- Rising scrap and melt-shop charges elevated production costs, prompting mills to raise offers and compress spot availability.
- Strong warehouse drawdowns and buyer restocking shortened prompt supply, intensifying local competition and demand during September.
- Yen volatility and regional trade measures disrupted flows, increasing landed costs and altering export allocations marginally.
Europe
- In Germany, the Stainless Steel CR Coil Price Index fell by 6.27% quarter-over-quarter, reflecting persistent oversupply conditions.
- The average Stainless Steel CR Coil price for the quarter was approximately USD 2886.67/MT delivered FD Ruhr.
- Service center destocking pressured Stainless Steel CR Coil Spot Price and reinforced the Price Index's downward trajectory.
- Supply surplus and weak orders lower confidence in the Stainless Steel CR Coil Price Forecast near-term now.
- Stable alloy surcharges and energy inputs shaped the Stainless Steel CR Coil Production Cost Trend, providing support.
- Soft automotive and construction orders weakened the Stainless Steel CR Coil Demand Outlook, sustaining pressure on spot markets.
- High distributor inventories kept the Stainless Steel CR Coil Price Index depressed despite announced mill output reductions.
- European mills' high utilizations and Asian import competition shaped export flows and restrained recovery prospects.
Why did the price of Stainless Steel CR Coil change in September 2025 in Europe?
- Persistent distributor destocking reduced purchases amid weak automotive and construction demand across Germany.
- Stable input costs combined with high mill run rates prolonged oversupply, limiting price recovery potential.
- Logistics stayed functional but elevated inventories plus import competition sustained downward Price Index pressure.
For the Quarter Ending June 2025
North America
- The Stainless-Steel CR Coil Price Index in North America declined by approximately 3.1% quarter on quarter in Q2Ìý2025, reflecting a broad softening of prices across the region compared to Q1Ìý2025.
- Production cost pressures eased modestly through the quarter as key raw materials like nickel and chromium stabilized, and energy and logistics expenses showed signs of softening
- Demand remained moderate but cautious automotive production orders provided some support, though broader industrial and construction sectors showed signs of restraint amid economic uncertainty.
- Continued mild weakness is anticipated in the near term unless import restrictions or stronger downstream activity emerge. Longer term forecasts suggest potential stabilization or moderate recovery later in 2025 if demand improves.
- During the quarter’s start, domestic mills responded to balancing supply and demand by holding Stainless Steel CR Coil Price, with mill utilization rising to ~76%, supporting steady production capacity.
- By mid quarter, improved supply driven by U.S. production gains and low antidumping margins on imports began exceeding demand, especially outside automotive channels, pushing the Stainless-Steel CR Coil Price Index lower.
Why did the Stainless Steel CR Coil price change in July 2025 in North America?
- In early July, domestic CR coil prices increased, as U.S. mills, including North American Stainless, instituted price hikes following the doubling of SectionÌý232 import tariffs to 50% as of JuneÌý3. That tariff spike, combined with announced domestic mill price increases effective from JulyÌý1, prompted buyers to pre purchase inventory, pushing short term price momentum upward.
APAC
- The Stainless Steel CR Coil Price Index in APAC declined by approximately 3.8% quarter on quarter in Q2 2025, reflecting oversupply and tepid demand across the region, including major markets like China, Indonesia and others.
- Although input costs including energy and nickel remained elevated, the Stainless Steel CR Coil Production Cost Trend offered insufficient support to prices due to heavy overstock and weak consumption, keeping cost pressure unable to offset price declines.
- The Stainless Steel CR Coil Demand Outlook across APAC stayed subdued, as softer end user sectors in automotive, construction and manufacturing led to limited offtake despite underlying regional industrial activity remaining modest.
- The Stainless Steel CR Coil Price Forecast for the region anticipates continued weakness unless export demand picks up or supply is scaled back; upside risk remains limited in the short term Steel Rebar Price Forecast: With persistent surplus and sluggish off take in key markets, prices are expected to remain soft into the medium term unless government stimulus or export demand picks up significantly.
Why did the price of Stainless Steel CR Coil change in JulyÌý2025 in Asia?Ìý
- In July 2025, the Stainless Steel CR Coil Price Index for APAC showed a moderate increase, driven primarily by rising spot prices in China: for example, Wuxi 304 grade stainless CR coil was assessed at USDÌý1,776Ìý/Ìýt, up by ~USDÌý50/t WoW (approx. +2.9%). While global import CRC prices slightly declined, offshore markets in East Asia rose, narrowing regional price gaps and buoying APAC price index levels.
Europe
- Stainless Steel CR Coil Price Index in Europe rose by approximately 5Ìý% compared to Q1Ìý2025, reflecting tightening supply and modest demand recovery in the region.
- Stainless Steel CR Coil Production Cost Trend, energy and raw-material costs—including nickel and chromium—remained elevated through the start of the quarter, sustaining production cost pressures. Mid quarter, capacity utilization dipped as European mills continued production cuts, slightly reducing cost intensity. By the end of the quarter, cost relief was limited by continued regulatory and input cost burdens.
- The Stainless Steel CR Coil Demand Outlook improved moderately, supported by stronger automotive activity across Germany. Passenger car registrations and export volumes picked up, boosting coil consumption in auto manufacturing and industrial sectors. Demand remained uneven but showed promise mid quarter and held well by quarter end despite broader economic caution.
- In terms of Stainless Steel CR Coil Price Forecast, moderate further gains are expected late in 2025 if tightening supply persists and trade restrictions curb imports. However, importer diversion pressure and macro weakness may temper the pace of any rally.
- Supply conditions weakened over the quarter as major producers like ArcelorMittal implemented production cuts at key plants in Germany (Hamburg, Duisburg) and France, while EU import quota caps restricted inflows from countries like Vietnam and Taiwan. This reduced available stock and supported price firmness in early to mid quarter.
- Despite positive automotive trends, service centres and traders began destocking by end quarter; inventories remained relatively high and import competition grew, constraining further price escalation.
Why did the price change in JulyÌý2025 in Europe?
- In July, European Stainless Steel CR Coil prices decreased. Regional cold rolled coil prices softened by roughly 4–5Ìý%, impacted by slowing seasonal demand, lingering oversupply, a surge in cheap Asian imports, and cautious restocking behavior