Stainless steel plate Price Trends

Procurement Resource provides latest prices of Stainless-Steel Plate. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.

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Chart Description

Procurement Resource provides prices of Stainless-Steel Plate for several regions around the globe, which are as follows:

  • North America
  • South America
  • Europe
  • Asia Pacific
  • Middle East
  • Africa

About:

Stainless Steel Plate is often referred to as 'corrosion-resistant steel'. It is known by this name as it does not stain, corrode or rust as easily as normal carbon steel. Due to its anti-oxidation qualities, stainless steel has emerged as a popular choice for use among consumers and manufacturers. 

Industrial Uses

  • Chemical and fuel tankers
  • Vehicles
  • Chemical plants
  • Petro chemical plants
  • Modern architecture
  • Cladding
  • Fascias
  • Food hygiene
  • 3D printing

Production Process

  • Production of Stainless-Steel Plate Via Melting Process

In order to produce Stainless Steel Plate, the raw materials including iron ore, chromium, silicon, nickel, etc. are basically melted together in an electric arc furnace (EAF). This step generally requires about 8 to 12 hours of intense heat to melt these materials and form Stainless-Steel Plate after industrial processing. 

Supplier Database

  • Jindal Stainless Group
  • Sangavi Enterprise
  • Panchdeep Metal Corporation
  • Nandishwar Steel
  • AB Steel

    
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Methodology

The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).