US stainless steel sheet prices rise on tighter supply

July 14, 2021 / www.metalbulletin.com / Article Link

Stainless steel sheet prices in the United States rose in June due to rising surcharges and increasingly tight supply.

Fastmarkets' monthly price assessment for stainless steel 304 cold-rolled sheet, fob mill US was $171.75 per hundredweight ($3,435 per short ton) on Monday July 12, up 2.08% from $168.25 per cwt on June 10 and up 7.34% from $160 per cwt on May 10.The assessment for stainless steel 304L cold-rolled sheet, fob mill US was $173.75 per cwt ($3,475 per ton) on Monday, up 2.06% from $170.25 on June 10 and up 7.25% from $162 per cwt on May 10. Fastmarkets' assessment for stainless steel 316L cold-rolled sheet, fob mill US rose to $231 per cwt ($4,620 per ton) on July 12, up 6.70% from $216.50 per cwt in June and up 12.41% from $205.50...

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