A sharp market downturn is creating challenges for 304 stainless steel pipe manufacturers. Stock markets fell across the board on November 11, 2025. This bearish sentiment heavily impacted the stainless steel sector.

The stainless steel futures contract 2601 opened lower. It hit a low of 12,510 yuan/ton before settling at 12,520 yuan/ton. This represents a drop of 90 yuan/ton.

Falling futures prices dragged down the spot market for 304 materials. Prices for key suppliers like Delong and Tsingshan were lowered throughout the day. The market mood shifted from watchful to intensely competitive. Sellers were forced to cut prices to secure orders.

By the afternoon, the market was very quiet. Even lower prices failed to attract significant buying interest. The spot market saw continued pressure to reduce prices.

Implications for 304 Stainless Steel Pipe Manufacturers

This volatility directly impacts raw material costs for 304 stainless steel pipe manufacturers. The rapid price decline for 304 cold-rolled and hot-rolled coils creates a uncertain cost environment. This makes pricing finished pipes and tubes difficult.

Market stability is crucial for reliable stainless steel supply chains. The current instability can cause project delays and inventory challenges. For global stainless steel suppliers, understanding these price movements is key to strategic planning.

While 201 grades and 430 materials showed mixed results, the focus remains on the 304 segment. All eyes are on whether domestic stainless steel demand will recover to support prices.

As leading 304 stainless steel pipe manufacturers, we navigate these market dynamics to ensure stable supply and competitive pricing for our clients.