From March 18 to March 26, 2025, the global market for 304-grade stainless steel continues to experience fluctuations, influenced by demand, production costs, and regional economic conditions. The latest price trends show varying movements across different regions for Cold Rolled Coil (CRC), Hot Rolled Coil (HRC), and Scrap.

Chinese Mainland

• CRC: 13,600 Yuan/t (Stable) (≈ $1,900 based on exchange rate 1 USD = 7.16 CNY)

• Dewan HAM: 13,050 Yuan/t (Down by 50 Yuan) (≈ $1,823)

• Membatalkan: 10,100 Yuan/t (Down by 100 Yuan) (≈ $1,411)

• The price stability in CRC reflects steady demand, while HRC and scrap prices show slight declines.

Taiwan

• CRC: $1,985/t (Up by $20)

• Dewan HAM: $1,863/t (Up by $14)

• Taiwan’s incremental increase suggests a positive market sentiment and a gradual price recovery.

Korea Selatan

• CRC:

  • Prime: $2,430/t (Up by $40)

  • GS: $2,165/t (Up by $40)

• South Korea maintains a competitive pricing structure with an upward trend.

Vietnam

• CRC: $1,835/t (Up by $15)

• Dewan HAM: $1,759/t (Up by $21)

• The Vietnamese market sees steady growth, driven by increased industrial demand.

Malaysia

• CRC: $2,270/t (Up by $20)

• Dewan HAM: $1,960/t (Up by $30)

• Growth in Malaysia is aligned with broader Southeast Asian trends.

Thailand

• CRC: $2,140/t (Up by $40)

• Dewan HAM: $1,950/t (Up by $20)

• Thailand’s market continues to grow, reflecting strong domestic and export demands.

India

• CRC: $2,015/t (Stable)

• Indian prices are impacted by import duties, calculated as: local price × 1.085 (8.5% tariff) + $50 clearance fee.

Middle East

• CRC: $1,900/t (Stable)

• The region remains steady with no significant price fluctuations.

Turkiye

• CRC: $2,370/t (Up by $20)

• A slight increase indicates moderate market growth.

Eropa

• CRC: €2,600/t (Stable) (≈ $2,812 based on exchange rate 1 EUR = 1.08 USD)

• Membatalkan: €1,290/t (Up by €40) (≈ $1,393)

• European markets remain stable with minor increases in scrap prices.

Amerika Utara

• CRC: $2,870/t (Up by $20)

• Membatalkan: $1,310/t (Up by $30)

• North American prices remain strong, reflecting a resilient market.

Amerika Selatan

• CRC: $2,343/t (Stable)

• Dewan HAM: $1,834/t (Stable)

• No significant price changes indicate a balanced market.

Rusia

• CRC: 293,980 RUB/t (Stable) (≈ $3,140 based on exchange rate 1 USD = 93.6 RUB)

• Dewan HAM: 261,920 RUB/t (Down by 2,150 RUB) (≈ $2,798)

• Russia sees a significant drop in HRC prices, potentially due to local market dynamics.

Poin-poin Utama

• • Stable Growth: The global 304 stainless steel market remains largely stable, with minor upward trends in most regions.

  • Asia Leading: Asian markets, particularly South Korea, Thailand, and Vietnam, show consistent price increases.

  • Scrap Price Variability: Scrap prices fluctuate across different regions, with notable increases in Europe and North America.

Catatan: 
Harga yang tercantum di atas berlaku untuk baja tahan karat 304 CRC, HRC, atau skrap. Di Tiongkok, patokan baja tahan karat didasarkan pada 304 CRC Hongwang dan 304 HRC Tsingshan, yang mencerminkan harga spot di Wuxi, Tiongkok Timur. Untuk India, rumus penetapan harganya adalah: harga impor = harga lokal x 1,085 (tarif 8,5%) + 50 (biaya bea cukai).

Data harga bersumber dari:

• https://www.mysteel.net