[SMM Stainless Steel Flash] Indonesia Stainless Steel Prices Rise Again Across the Board by USD30/ton

Published: Jul 24, 2026 14:02

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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.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

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