[SMM Stainless Steel Flash] Nippon Steel Holds Stainless Steel Prices Steady for April

Published: Apr 13, 2026 10:25

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Nippon Steel announced that its stainless steel prices for April will remain unchanged from March. Prices for 300-series stainless steel have risen for six consecutive months since October 2025, with cumulative increases reaching approximately US$410 per ton. For April, 300-series prices hold steady while nickel costs declined around 2% month-on-month to US$7.80 per pound approximately. Chromium costs for 400-series stainless steel remained flat for a fifth straight month at approx. US$1.60 per pound.

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