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Z2CN18.09 X2CrNi189 Stainless Steel Price Per Kg

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    Steel prices at the beginning of 2020 are relatively stable when compared to 2019 despite a momentary spike in December. Given the generally positive outlook for steel demand, and an expected slowing of Chinese steel production, prices could be set to rise in 2020. But as Remeithi points out, any projection for the industry rests on shaky ground.

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    The Stainless Steel Monthly Metals Index (MMI) dropped again this month, by thirteen points to 74, the third and largest consecutive monthly drop, with nickel prices correcting significantly. LME

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    Steel price momentum strengthened in February, moving sharply up for all forms of steel. Steel prices have reached more than three-year highs. However, some forms of steel are now even higher.

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