Stainless Steel Plate Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2025 Edition
Stainless Steel Plate Price Trend, Index and Forecast
Track the latest insights on stainless steel plate price trend and forecast with detailed analysis of regional fluctuations and market dynamics across North America, Latin America, Central Europe, Western Europe, Eastern Europe, Middle East, North Africa, West Africa, Central and Southern Africa, Central Asia, Southeast Asia, South Asia, East Asia, and Oceania.
Stainless Steel Plate Prices Outlook Q3 2025
- USA: USD 3297/MT
- China: USD 1578/MT
- Germany: USD 3088/MT
- Japan: USD 3916/MT
- India: USD 3346/MT
Stainless Steel Plate Price Chart
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During the third quarter of 2025, the stainless steel plate prices in the USA reached 3297 USD/MT in September. Prices moved lower as domestic mills operated with improved availability amid softer procurement from construction and machinery sectors. Weaker raw material cost pressures also contributed to the downward direction, while stable logistics allowed consistent delivery schedules, easing urgency in spot purchases through the quarter.
During the third quarter of 2025, the stainless steel plate prices in China reached 1578 USD/MT in September. Prices edged upward as demand from infrastructure and equipment manufacturing intensified. Mills maintained firm operating rates, and stronger downstream restocking supported the positive price trend. Export interest improved marginally, adding to supply tightness. Slight increases in alloy-related cost components also influenced seller offers.
During the third quarter of 2025, the stainless steel plate prices in Germany reached 3088 USD/MT in September. Prices moved downward as manufacturing activity moderated, reducing offtake volumes from automotive and machinery clients. Supply conditions remained comfortable due to stable mill output and steady import inflows. Softer alloy surcharge trends added further pressure on transactional values across the quarter.
During the third quarter of 2025, the stainless steel plate prices in Japan reached 3916 USD/MT in September. Prices edged lower as industrial demand remained conservative, prompting cautious procurement from machinery and industrial equipment producers. Supply from domestic mills stayed healthy, preventing any tightness. Stable logistics and easing input cost burdens also contributed to the overall downward adjustment.
During the third quarter of 2025, the stainless steel plate prices in India reached 3346 USD/MT in September. Prices moved downward as demand from fabrication, heavy engineering, and infrastructure applications softened. Enhanced domestic mill output ensured adequate availability, while lower raw material cost trends encouraged more competitive offers. Improved transportation conditions further supported stable supply channels across key consuming regions.
Stainless Steel Plate Prices Outlook Q2 2025
- USA: USD 3347/MT
- China: USD 1554/MT
- Germany: USD 3158/MT
- Japan: USD 3948/MT
- India: USD 3400/MT
During the second quarter of 2025, the stainless steel plate prices in the USA reached 3347 USD/MT in June. As per the stainless steel plate price chart, prices were heavily influenced by the sudden increase in import tariffs and the reaction from the country’s main domestic producer. The doubling of tariffs disrupted purchasing behavior and pushed importers into damage control mode. Many buyers had not anticipated the change, and with no grace period, some were forced to renegotiate contracts mid-transit.
During the second quarter of 2025, the stainless steel plate prices in China reached 1554 USD/MT in June. Prices in China remained under pressure due to a flood of exports driven by persistent domestic oversupply. Chinese mills kept production levels high across various metals, including stainless steel, even though local demand had not picked up meaningfully. This mismatch between supply and demand pushed producers to redirect volumes abroad. The pricing weakness also filtered into raw material negotiations.
During the second quarter of 2025, stainless steel plate prices in Germany reached 3158 USD/MT in June. Demand from German key sectors such as automotive, machinery, engineering and infrastructure stayed firm, supporting some price resilience. But broader weakness in European manufacturing and a dip in construction output held back stronger increases. Besides, rising energy and raw materials costs, oversupply amplified by cheap imported steel, regulatory burdens, and persistent trade uncertainty across the EU also influenced pricing trends.
During the second quarter of 2025, the stainless steel plate prices in Japan reached 3948 USD/MT in June. Prices were shaped by a combination of domestic and international forces. Manufacturers faced sustained pressure from the cost of key feedstocks, especially nickel and chromium, which stayed elevated and shaped upstream production economics. Trade tensions and shifting regulations from key partners affected demand patterns. When imports remained lower‑priced and local order flows stayed sluggish, producers struggled to pass cost increases along the supply chain.
During the second quarter of 2025, the stainless steel plate prices in India reached 3400 USD/MT in June. Costs for nickel, chromium and molybdenum rose on global markets, squeezing domestic producers who relied heavily on imported alloy inputs. Supply chain shifts and freight rate increases compounded the higher raw‑material burden. Moreover, the government moved to shield domestic mills. A temporary import duty was proposed on select steel products, and a new procurement policy encouraged use of locally made steel in government tenders. Those steps shifted the trading landscape and supported the modest recovery in domestic plate pricing.
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Regional Coverage
The report provides a detailed analysis of the market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends, price forecast and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of FOB and CIF prices, as well as the key factors influencing the stainless steel plate prices.
Europe Stainless Steel Plate Price Trend
Q3 2025:
As per the stainless steel plate price index, Europe observed a softer pricing environment driven by reduced industrial consumption across machinery, automotive, and heavy engineering applications. Supply remained ample due to consistent mill activity and stable import inflows. Moderation in alloy-related costs eased mill-side pricing pressure, while reliable inland logistics supported predictable deliveries. Buyers maintained lean inventories and cautious procurement strategies, reinforcing subdued transactional activity across the region.
Q2 2025:
Ongoing trade disputes alongside persistent geopolitical instability, created a climate of unpredictability. The back-and-forth nature of international negotiations, where tentative agreements were frequently undone within days, unsettled both suppliers and buyers. This eroded confidence in long-term purchasing decisions, leading to shorter-term contracts and increased spot buying, which added volatility to prices. With Germany failing to recover its industrial momentum, demand for stainless steel plates remained subdued. This translated into downward pressure on prices as mills and distributors faced oversupply relative to tepid demand.
Detailed price information for stainless steel plate can also be provided for an extensive list of European countries.
| Region | Countries Covered |
|---|---|
| Europe | Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal, and Greece, among other European countries. |
North America Stainless Steel Plate Price Trend
Q3 2025:
As per the stainless steel plate price index, North America experienced a downward pricing pattern as procurement from construction, energy, and equipment manufacturing stayed conservative. Mills maintained steady output levels, avoiding any supply constraints. Transportation networks operated smoothly, supporting consistent deliveries. Softer upstream alloy cost influences further contributed to weaker sentiment, encouraging more competitive transactional offers across major markets.
Q2 2025:
As per the stainless steel plate price index, the unexpected hike in US import tariffs disrupted market assumptions overnight. Buyers who committed to contracts based on older tariff rates suddenly faced unworkable costs. Some were forced to renegotiate incoming shipments mid-transit. The lack of any exemption or appeal process compounded the chaos. Besides, the tariff shock had ripple effects beyond procurement. Despite expectations that tighter import volumes would benefit local mills, domestic bookings remained weak. Inventory levels were healthy, and lead times short, so buyers opted to wait. They had enough stock on hand and little urgency to commit under uncertain price direction.
Specific stainless steel plate historical data within the United States and Canada can also be provided.
| Region | Countries Covered |
|---|---|
| North America | United States and Canada |
Middle East and Africa Stainless Steel Plate Price Trend
Q3 2025:
As per stainless steel plate price chart, the prices in the Middle East and Africa fluctuated due to a complex interplay of factors, primarily driven by supply chain disruptions, seasonal demand shifts, and geopolitical influences.
Q2 2025:
The report explores the stainless steel plate pricing trends and stainless steel plate price chart in the Middle East and Africa, considering factors like regional industrial growth, the availability of natural resources, and geopolitical tensions that uniquely influence market prices.
Region-wise data and information on specific countries within these regions can also be provided.
| Region | Countries Covered |
|---|---|
| Middle East & Africa | Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco, among other Middle Eastern and African countries. |
Asia Pacific Stainless Steel Plate Price Trend
Q3 2025:
The Asia Pacific region showed a balanced pricing landscape for stainless steel plate, with China’s upward movement offset by downward adjustments in Japan and India. Mill activity across several countries ensured comfortable availability. Demand from machinery, fabrication, and infrastructure varied by market, resulting in a neutral regional direction. Improved freight efficiencies and predictable supply flows supported stable sentiment, while softer alloy costs outside China put mild downward pressure on certain markets.
Q2 2025:
Stainless steel plate prices in the Asia Pacific region were influenced by the continued surge of Chinese steel exports. With domestic demand in China still sluggish, mills maintained high output and targeted foreign markets to offload excess inventory. The influx of low-cost steel, including stainless products, added downward pressure on regional prices. Buyers across Southeast Asia, South Korea, and India faced increased competition from Chinese-origin material. Local producers, unable to match the aggressive pricing, were forced to offer discounts or risk losing market share. The result was a more price-sensitive environment where negotiations centered on origin and delivery terms rather than quality or value-added services. Importers in Asia Pacific accelerated bookings from Chinese suppliers, anticipating further price softening.
This stainless steel plate price analysis can be expanded to include a comprehensive list of countries within the region.
| Region | Countries Covered |
|---|---|
| Asia Pacific | China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand, among other Asian countries. |
Latin America Stainless Steel Plate Price Trend
Q3 2025:
Latin America's stainless steel plate market is predominantly influenced by its rich natural reserves, particularly in countries like Chile and Brazil. However, political instability and inconsistent regulatory frameworks can lead to significant volatility in stainless steel plate prices.
Q2 2025:
Infrastructure challenges and logistical inefficiencies often impact the supply chain, affecting Latin America’s ability to meet international demand consistently. Moreover, the stainless steel plate price index, economic fluctuations, and currency devaluation are critical factors that need to be considered when analyzing stainless steel plate pricing trends in this region.
This comprehensive review can be extended to include specific countries within Latin America.
| Region | Countries Covered |
|---|---|
| Latin America | Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru, among other Latin American countries. |
Stainless Steel Plate Pricing Report, Market Analysis, and News
IMARC's latest publication, “Stainless Steel Plate Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2025 Edition,” presents a detailed examination of the stainless steel plate market, providing insights into both global and regional trends that are shaping prices. This report delves into the spot price of stainless steel plate at major ports and analyzes the composition of prices, including FOB and CIF terms. It also presents detailed stainless steel plate prices trend analysis by region, covering North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The factors affecting stainless steel plate pricing, such as the dynamics of supply and demand, geopolitical influences, and sector-specific developments, are thoroughly explored. This comprehensive report helps stakeholders stay informed with the latest market news, regulatory updates, and technological progress, facilitating informed strategic decision-making and forecasting.
Stainless Steel Plate Industry Analysis
The global stainless steel plate industry size reached USD 82.84 Billion in 2025. By 2034, IMARC Group expects the market to reach USD 134.18 Billion, at a projected CAGR of 5.51% during 2026-2034. Industry expansion is supported by rising utilization in construction, machinery, transportation, and energy infrastructure, alongside increasing fabrication activities and sustained demand across applications requiring corrosion-resistant materials.
Latest developments in the stainless steel plate industry:
- October 2025: Jindal Stainless inaugurated its first stainless steel fabrication unit in Washivali, Mumbai with an investment of INR 125 crore. The 4-lakh-square-foot facility expanded the company’s manufacturing capability for stainless steel plates and supported its strategy to strengthen domestic and international supply commitments.
- June 2025: The Ministry of Commerce of the People's Republic of China announced the extension of anti-dumping duties by five years on certain imports of hot-rolled stainless steel plate, safeguarding domestic plate producers operating in the steel fabrication and heavy manufacturing sectors. The move aims to protect local industry from unfair competition and support the continued supply-chain stability of stainless steel plates.
Product Description
Stainless steel plate is a flat, rectangular sheet of stainless steel, typically thicker than stainless steel sheets, used in various industrial and commercial applications. It is known for its excellent corrosion resistance, high strength, and aesthetic appeal. The material is composed of iron, chromium (at least 10.5%), and other elements such as nickel, molybdenum, and carbon, which enhance its properties. The chromium content forms a passive layer of chromium oxide on the surface, preventing rust and corrosion.
The manufacturing process of stainless steel plates involves several stages. Initially, raw materials like iron ore, chromium, and nickel are melted together in an electric arc furnace. Once melted, the mixture is cast into slabs, which are then subjected to a series of hot rolling processes to achieve the desired thickness. After rolling, the plates undergo annealing, a heat treatment process that improves their ductility and reduces internal stresses. This is followed by pickling, where the plates are treated with acid solutions to remove surface impurities and oxide scales. Finally, the plates are polished to enhance their surface finish.
Report Coverage
| Key Attributes | Details |
|---|---|
| Product Name | Stainless Steel Plate |
| Report Features | Exploration of Historical Trends and Market Outlook, Industry Demand, Industry Supply, Gap Analysis, Challenges, Stainless Steel Plate Price Analysis, and Segment-Wise Assessment. |
| Currency/Units | US$ (Data can also be provided in local currency) or Metric Tons |
| Region/Countries Covered | The current coverage includes analysis at the global and regional levels only. Based on your requirements, we can also customize the report and provide specific information for the following countries: Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand* Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece* North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru* Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco* *The list of countries presented is not exhaustive. Information on additional countries can be provided if required by the client. |
| Information Covered for Key Suppliers |
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| Customization Scope | The report can be customized as per the requirements of the customer |
| Report Price and Purchase Option |
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| Post-Sale Analyst Support | 360-degree analyst support after report delivery |
| Delivery Format | PDF and Excel through email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Benefits for Stakeholders:
- IMARC’s report presents a detailed analysis of stainless steel plate pricing, covering global and regional trends, spot prices at key ports, and a breakdown of ex-works, FOB, and CIF prices.
- The study examines factors affecting stainless steel plate price trend, including supply-demand shifts and geopolitical impacts, offering insights for informed decision-making.
- The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
- IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights. The stainless steel plate price charts ensure our clients remain at the forefront of the industry.
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