The global 304 stainless steel market witnessed mild fluctuations throughout May 2025, with regional dynamics showing divergent pricing trends for cold-rolled coil (CRC), hot-rolled coil (HRC), and scrap.

China, as the world's largest stainless steel producer, saw its 304 stainless steel CRC price drop slightly from ¥13,050/t to ¥13,150/t by mid-May, before stabilizing at that level through the end of the month. HRC rose from ¥12,500/t to ¥12,700/t, reflecting a modest recovery in domestic demand. Scrap prices rebounded from ¥9,600/t to ¥9,850/t, supported by increased procurement activity and seasonal restocking.

For international comparison, using the June 5, 2025 exchange rate of 1 USD = 7.1836 CNY, Chinese prices in USD terms are approximately:

• CRC: ¥13,150/t ≈ $1,831/t

• HRC: ¥12,700/t ≈ $1,768/t

• 권투 시합: ¥9,850/t ≈ $1,371/t

These converted values provide a clearer benchmark for global buyers evaluating sourcing options.

• 대만 held steady with CRC at $2,080/t and HRC at $1,955/t, indicating relative market calm.
  
  
• 대한민국 maintained CRC at $2,200/t, with HRC remaining marked as “Prime.”
  
  
• 인도’s CRC was fixed at $2,015/t throughout May, after its early-month revision using the updated import calculation formula.
  
  
• 베트남 그리고 말레이시아 reported stable pricing across the board: CRC at $1,700–2,200/t, HRC at $1,670–1,850/t, depending on region and supplier.

• 유럽 saw CRC prices stay unchanged at €2,680/t, with scrap climbing slightly to €1,310/t.
  
  
• 북아메리카 held firm at $2,900/t for CRC and $1,310/t for scrap.
  
  
• 남아메리카 reported consistent CRC pricing at $2,343/t and HRC at $1,834/t, reflecting stable demand from regional industries.

• Middle East CRC remained unchanged at $1,860/t, indicating neutral supply-demand pressure.
  
  

• Türkiye saw no change, with CRC at $2,320/t.
  
  

• 러시아 제국 experienced a slight dip in CRC from RUB 275,280/t to RUB 269,470/t (approx. $2,749/t at a rate of ~98 RUB/USD), driven by local currency shifts and export restrictions.

그만큼 304 stainless steel price remained broadly stable across most global regions during May 2025. While China showed mild upticks in HRC and scrap prices, most other markets remained flat, pointing to cautious optimism for June. International buyers are advised to monitor raw material cost fluctuations and currency shifts closely when planning procurement, as localized pricing dynamics and exchange rates will continue to play a key role in sourcing strategies.

메모: 
위에 나열된 가격은 304급 스테인리스 스틸 CRC, HRC 또는 스크랩에 적용됩니다. 중국에서 스테인리스 스틸 벤치마크는 Hongwang의 304 CRC와 Tsingshan의 304 HRC를 기준으로 하며, 이는 중국 동부 우시의 현물 가격을 반영합니다. 인도의 가격 공식은 다음과 같습니다. 수입 가격 = 현지 가격 x 1.085(8.5% 관세) + 50(통관 수수료).

The price data and related pictures are sourced from:

• https://www.mysteel.net