[SMM Stainless Steel Flash] Indonesia Stainless Steel Prices Rise Again Across the Board by USD30/ton
According to SMM, stainless steel prices in Indonesia rose across the board by another USD30/ton today (24th July, 2026), marking the second increase this week following Monday's (20th July, 2026) hike, bringing the cumulative weekly gain to USD60/ton.
Latest prices: 304/2B coil mill edge (FOB) avg. USD 2,142.5/ton; 304/NO.1 coil mill edge (FOB) avg. USD 2,032.5/ton; 304L/2B coil mill edge (FOB) avg. USD 2,157.5/ton; 304L/NO.1 coil mill edge (FOB) avg. USD 2,047.5/ton; 316L/2B coil mill edge (FOB) avg. USD 4,242.5/ton; 316L/NO.1 coil mill edge (FOB) avg. USD 4,132.5/ton.