ChemAnalyst Data Pvt Ltd

In North America,   chequered plate prices   experienced a 2.2% quarter-on-quarter decline in the fourth quarter of 2024, indicating a softening market. Supply remained stable across the region, supported by steady production levels. However, elevated raw material costs, including pig iron and scrap metal, coupled with weak demand from key sectors, contributed to the downward price trend. By the end of the quarter, the price of SS Chequered Plate (6 mm) FOB Texas (USA) stood at USD 4,525/MT. In the United States, the market faced mixed dynamics. Early in the quarter, steel production disruptions and logistical challenges, including hurricanes, impacted supply chains. Despite these pressures, local manufacturers maintained stable output, aided by anti-dumping duties on low-cost imports. The automotive sector showed strong demand, with vehicle sales rising significantly on both a monthly and yearly basis, driving the use of chequered plates in applications such as vehicle floori...

In the second quarter of 2024,   Chequered Plate   prices in North America showed a strong upward trend, driven by a combination of factors that bolstered market dynamics. This period saw significant price growth due to supply chain constraints, strong demand from sectors like construction and automotive, and rising raw material costs, particularly for zinc and nickel. Additionally, maintenance outages at major steel mills, including Acerinox and Outokumpu’s Calvert facility, further tightened supply, pushing prices higher.   In the U.S., prices saw the most notable increases, fueled by bullish market sentiment. Demand from the automotive and HVAC sectors for galvanized and value-added steel products contributed to the steady rise in prices. Despite a slowdown in overall manufacturing indices, construction and manufacturing activities continued to support the price surge.   Compared to the previous quarter, prices rose by 14%, highlighting the strength of the market....

  Chequered Plate Prices   known for their distinctive pattern of raised diamonds or lines on one side, are widely used in various industries due to their durability and anti-slip properties. When it comes to understanding chequered plate prices, several factors come into play. Firstly, the material composition significantly influences the cost. Chequered plates are commonly made from materials like stainless steel, aluminum, or carbon steel, each varying in price based on their availability and manufacturing processes. Stainless steel chequered plates, for instance, are known for their corrosion resistance but generally command a higher price compared to carbon steel variants, which are more economical but less resistant to corrosion. Another determinant of chequered plate prices is the thickness and size of the plate. Thicker plates tend to be more expensive due to the increased material costs and manufacturing complexity. Similarly, larger plates require more raw material a...