Global Stainless Steel CR Coil Markets Face Diverging Trends Amid Shifting Supply and Demand Dynamics
Global Stainless Steel CR Coil Markets Face Diverging Trends Amid Shifting Supply and Demand Dynamics

Global Stainless Steel CR Coil Markets Face Diverging Trends Amid Shifting Supply and Demand Dynamics

  • 17-Apr-2025 3:30 PM
  • Journalist: Nina Jiang

With the week ending on April 11, Stainless Steel CR coil markets diverge, industrial landscape defined by strategic supply-side shifts, unpredictable demand patterns, and growing geopolitical influences.

Key Takeaways

  • The prices of Stainless Steel CR Coil in US and Chinese Stainless Steel CR coil market declined due to low purchasing activity within the region.
  • Germany Stainless Steel CR Coil prices remain stable due to no new order seen so far.

USA

Prices of Stainless Steel CR Coil declined by 2.5%, due to the difference between the demand and supply changing more drastically with the supply growing stronger while the demand weakens. Additionally, local raw steel production increased during the last week of March and so did capacity utilization. This growth indicates the production rate recovery. On top of this, the Department of Commerce for the US has also completed their anti-dumping investigation on strategic South Korean Steel, marking POSCO and Hyundai steel with extremely low dumping borders. This means that there would be even stiffer competition in imports which will further enhance the supply being offered in the market. However, demand is heading into a newfound negative territory. The drastic decline in earnings of Nucor Corporation indicates an economic slowdown as they reported weaker sales and tighter profit margins. The combination of abundant available goods in the market with the low demand has stretched the elasticity of prices downwards stimulating cautious buying towards the Stainless Steel CR Coil.

Germany

Stainless Steel CR coil prices in Germany are firm as there is no change in demand and supply within the domestic market. Further, the harmony between normal production volumes and continuous demand reflects a sound market scenario. Additionally, German steel production companies have been diligently delivering a consistent quantity, in accordance with national demand. Furthermore, the situation with Import & Export pressure has not been difficult because the bulk of the demand is being concluded by domestic producers themselves without relying on foreign material. On the demand side, German market downstream demand for Stainless Steel CR coil is balanced. Therefore, the product price doesn't change.

China

The price of Stainless Steel decreased by 2%, the increased supply has begun to decelerate demand as the gap widens. On the supply side, industry consolidation is gaining momentum. With a sizable RMB 60 million investment, Bengang Steel Plates has created a joint venture with Ansteel Green Gold Industry that is optimizing up-stream logistics through its scrap resource networks. This development will improve Bengang's position sourcing raw materials to produce in the northeast of China while other regions face tighter supply. On the demand side, demand is being affected, specifically as increasing tensions from trade disputes create headwinds, while US tariff tensions put manufacturers in an uncertain export environment and lead to reducing inventory levels from this point forward.

According to ChemAnalyst, prices of Stainless Steel CR coil in the United States and China may decline due to ample supply and weak demand. Additionally, Germany Stainless Steel CR coil prices may remain stable due to supply and demand balance.

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