Stainless steel CRC price October 2024 and outlook (see chart below)
- North America:US$5.47/KG, unchanged
- Europe:US$2.59/KG, unchanged
- Northeast Asia:US$1.96/KG, unchanged
Stainless steel CRC price index
This post is a summary of the Stainless steel CRCprice developments. The price developments of Stainless steel CRC are expressed in US$ prices converted FX rates applicable at the time when the price was valid. Stainless steel CRC price index developments are calculated from multiple separate sources of data to ensure statistical accuracy.
The outlook for Stainless steel CRC prices is generated from different inputs including:
- Very recent price developments of immediate cost drivers of Stainless steel CRC prices
- Recent price developments of underlying feedstocks which drive the price of Stainless steel CRC
- Market futures for both cost drives and feedstocks of Stainless steel CRC prices
- Adjustment of current supply/demand imbalances in the Stainless steel CRC market
- Longer term trends in likely demand conditions
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