Author: Ankita Chakraborty
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Why did global stainless steel prices increase this year?
Europe saw the steepest increase in stainless steel prices since the beginning of the year and South Korea, the lowest. The European trade price of the 304 stainless steel cold rolled grade was $4,707/tonne (t) in Dec’21, up 60% compared to the levels seen from beginning of the year. Compared to the beginning of CY’20,…