Stainless Steel Price Index

Stainless steel price index chart - stay up to date and see historical global stainless steel price development. Want access to additional data to gain unique insights into the producer price index for stainless steel, indices, forecasts, and production trends worldwide? Gain access to the cost data you need, contact Prognos today.

Stainless Steel Price Index Chart

Price development

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STAINLESS STEEL - OVERVIEW

Stainless steel is an iron-based alloy with a wide spectrum of industrial applications where both the strength of steel and corrosion resistance are required. Stainless steel has high resistance to corrosion, rust, and staining with water, unlike ordinary steel. It also has a long life cycle and is 100% recyclable.

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The Prognos System gathers data from multiple sources to give you up to data in one place. Access the charts, cost data, and producer price index for stainless steel you need to stay up to date and gain unique insights into stainless alloy steel index, prices, forecasts, and production trends. Prepare your fact-based negotiations with Prognos to get the most out of your suppliers, with data tailored for your specific situation.

Industries

Stainless steel’s strength, resistance to corrosion and low maintenance make it the ideal material for a wide range of applications. It is primarily used within the following industries

  • Building and Construction
  • Automotive and Transportation
  • Oil and Gas
  • Household appliances
  • Machinery

Stainless Steel Price Development

MPI Bars of stainless steel
Increased by 11.24% in May 2022 compared to Apr 2022.
Increased by 49.09% in May 2022 compared to May 2021.