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Stainless Band Features in Stainless Steel Focus!
Stainless Band is proud to feature and support the latest issue of Stainless Steel Focus.
"Stainless Band is a leader in processing stainless coil products in various forms, finishes, grades and dressings. With a turnover nearing £10m and over 35 employees, it is robust in a competitive sector. It has a global customer base that provides recognition and acceptance worldwide. Managing director Jonathan Hanson and his team certainly have something to smile about.
The volatility in stainless steel prices throughout 2023, marked by consistent increases, has been a notable trend in the industry. The anticipation of this trend persisting for some time, with a steady recovery projected for 2024, suggests a continuation of price fluctuations within the stainless steel market."
2022
Update on Stainless Pricing November 2022
November 2022
Stainless Steel prices have continued to increase for November as we draw towards the end of a very turbulent year. Nickel is back to US$29,600 at the time of writing and we have seen increases in alloy surcharges this month. The expectation for December is that we will see a more considerable increase in prices on AAF and energy costs.
Update on Stainless Pricing October 2022
September 2022
Stainless steel prices have increased for October as we enter the final quarter of 2022. Nickel is back to US$24,000, which has seen increases in alloy surcharges for October of 5%, and there are also expected base price increases.
Update on Stainless Pricing September 2022
September 2022
Stainless Steel prices have seen a calmer period as we enter the fourth quarter of 2022 as the Nickel price fell to US$22,000, which helped reduce alloy surcharges for August/September.
Update on Stainless Pricing June 2022
June 2022
Stainless Steel prices have increased dramatically over the past five months to May 2022. Thankfully we have seen some normality for June with the reduction of Nickel back to US$28,500 and a drop in Iron Ore prices.
Update Nickel and Stainless Prices - April 2022
April 2022
These are difficult times for all metals due to the Russian invasion of Ukraine and the sanctions imposed. Nickel has remained around the US$32000 range for a number of weeks as inventory levels remain low and volatility high with 5% swings in pricing. This looks likely to remain in the short to medium term as global issues reduce the availability of materials and the added costs of energy.
Nickel Prices Increase - March 2022
March 2022
Stainless Steel prices have increased further in the last few weeks as the Ukraine war affects the world and its industries.