Stainless steel flat-rolled demand still patchy

Apr 05, 2013 | 01:20 PM | Daniel Fitzgerald

Tags  primary stainless steel pricing, stainless pricing, stainless steel prices, stainless surcharges, stainless demand, Daniel Fitzgerald

NEW YORK — Coiled stainless steel plate and cold-rolled stainless steel sheet prices have declined as market participants continue to lament lackluster end-user demand.

Average prices for Type 304 coiled plate are now $1.27 per pound f.o.b. mill, down from $1.30 a month ago, while Type 316 coiled plate is trading at around $1.80 per pound, down from $1.83 previously.

Meanwhile, prices for Type 304 cold-rolled sheet have slipped to around $1.30 per pound, down from $1.36 last month, while Type 316L is trading around $1.82 per pound, down from $1.88 at the same time in March.....

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