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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."
Metal Pricing
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.
Stainless Steel Prices Continue to Increase in 2021
October 2021
Stainless Steel prices have continued to increase in 2021. One of the main drivers of price increases is the rising trade value of Nickel.
The markets have seen an increase in demand and price
March 2021
Prices have increased in the last 4 months, due to a short supply of raw material combined with an increased demand for products.
From Strength to Strength in Stainless Steel Coil Products
July 2020
Over the last 11 years, Stainless Band has gone from strength to strength. Its investment in processing capabilities has never stood still and this combined with its exceptional customer service, has established it as the go-to name in the processing of stainless coil products available in various forms, finishes and dressings.
Trump grants temporary exemptions to metal tariffs
March 2018
At the beginning of March in a move that caused a great deal of concern for the global metals trade, Donald Trump announced that he would be imposing steep tariffs on all steel and aluminium being sold to the U.S.
A focus on quality
December 2017
Based in the North of England, Stainless Band is a worldwide supplier of stainless strapping, banding, coil, strip, blanks and sheet in grades 1.4301, 1.4404 and 1.4016. The company supplied over 4,500 tonnes of slit coil last year to various manufacturers around the world.
AAF December Prices 2017
November 2017
In short prices are strong at the end of 2017 with increased demand.
304/1.4301 up EURO 100/tonne
316L/1.4404 up EURO 135/tonne
AAF and Nickel November 2017 Prices
November 2017
The price of stainless steel is made of of two components, the base price and the Alloy Adjustment Factor (AAF).
The base price is based on the manufacturers cost for producing the material to a certain specification.