Update On Stainless Pricing 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.

We will advise you of further prices and market information developments during November and December.

Stainless Band Ltd is committed to supporting our clients on their stock levels and future pricing. We are asking customers to book requirements into 2023 with fixed pricing for the first quarter. The prices, in our opinion, will only increase in 2023 and we must be all prepared for this.

Please speak to our sales team for more information on how we can work together >