Price Dynamics

According to the recent market dynamics, the price of stainless steel 304 varies in different regions and under different specifications. For example, the price of stainless steel decorative round pipe and seamless pipe in the Sichuan market has remained stable within a certain range, with specific prices varying according to pipe diameter and wall thickness.

In the Wuxi area, there are reports that the price of 304 cold rolled wide plate has fluctuated in the near future, but the overall trend remains relatively stable.

Market supply and demand

The stainless steel market has experienced quite a bit of volatility over the past year, including price fluctuations, policy impacts, and changes in market expectations. Together, these factors have affected the supply and demand of stainless steel 304.

Despite reports that demand for stainless steel may be declining in some industries, the expansion of stainless steel in emerging applications (e.g., stainless steel water pipes, gas pipes, roof tile wall panels, etc.) continues, providing new growth points for the market.