Asian Stainless Steel Prices Support China Export Prices

Asian stainless steel prices remain on a firm upward trend.
This strength continues to support China stainless steel export prices.

Cold-rolled stainless steel markets have shown steady improvement.
Cold-rolled coil prices increased for the third time in recent weeks.
The movement closely follows changes in global nickel markets.

In late November, 304 cold-rolled coil prices weakened.
Market sentiment improved gradually in December.
Another clear price rebound was recorded last week.

Chinese stainless steel exporters have revised export offers upward.
Rising production costs remain the main reason.
Raw material prices continue to place pressure on mills.

Nickel markets remain particularly strong.
LME spot nickel prices moved higher during recent sessions.
Indonesian nickel pig iron prices also increased.

Chinese ferronickel prices followed the upward trend.
Domestic futures contracts recorded sharp gains.
Price increases have now extended for five consecutive weeks.

Ahead of the Lunar New Year, buyer activity remains cautious.
Many overseas buyers are delaying large-volume orders.
However, supply chain uncertainty in Indonesia is providing support.

Market participants are closely watching China stainless steel export prices.
Export offers are expected to remain firm in the near term.
Nickel costs and post-holiday demand will guide the next direction.

For buyers tracking China stainless steel supply and export pricing,
market updates and product availability can be referenced at
https://www.lyhsteel.com.

FAQ

Q1: Why are China stainless steel export prices rising?

Prices are increasing due to higher nickel costs and rising production expenses.

Q2: How have 304 cold-rolled coil prices changed recently?

Prices fell in late November but recovered steadily through December and early January.

Q3: Which raw materials are driving cost pressure in China?

Nickel, nickel pig iron, and ferronickel prices have all moved higher.

Q4: Are Chinese exporters still offering material before the Lunar New Year?

Yes, but many buyers remain cautious and focus on smaller or delayed orders.

Q5: What factors may influence prices after the holiday?

Nickel market trends, supply stability, and export demand recovery will be key.