Stainless steel price February 2026 and outlook (see chart below)
- North America:US$2.6/KG, unchanged
- Europe:US$2.93/KG, unchanged
- Northeast Asia:US$1.68/KG, 4.3% up
- Southeast Asia:US$2.73/KG, 9.6% up
- Middle East:US$2.78/KG, 12.6% up
- India:US$2.32/KG, 3.1% up
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Stainless steel price index
This post is a summary of the Stainless steel price index developments. The price index developments of Stainless steel are expressed in US$ prices converted FX rates applicable at the time when the price was valid. Stainless steel price index developments are calculated from multiple separate sources of data to ensure statistical accuracy.
The outlook for Stainless steel prices, on the second tab, is generated from different inputs including:
- Very recent price developments of immediate cost drivers of Stainless steel prices
- Recent price developments of underlying feedstocks which drive the price of Stainless steel
- Market futures for both cost drives and feedstocks of Stainless steel price index
- Adjustment of current supply/demand imbalances in the Stainless steel market
- Longer term trends in likely demand conditions
Further information on the Stainless steel plate price index
According to https://oec.world/ :
Stainless Steel Ingots are the world’s 627th most traded product.
In 2020, the top exporters of Stainless Steel Ingots were Indonesia ($1.67B), United Kingdom ($338M), Sweden ($150M), Austria ($74.4M), and Italy ($70.4M).
In 2020, the top importers of Stainless Steel Ingots were China ($1.42B), Sweden ($208M), United States ($174M), Chinese Taipei ($171M), and Italy ($158M).