Stainless Steel Coil Price & Market Intelligence
Assessment last updated 2025-11 ยท reassessed against supplier offers and lane data
Reference FOB, CIF and delivered market prices for Stainless Steel Coil imported into the GCC. Grade-level specifications, HS codes, producing origins and typical packaging โ sourced from Tradloc's verified market database.
| Grade | FOB USD/MT | HS code | 12-month change | Assessed |
|---|---|---|---|---|
| 304 2B | $2100โ2600 | 722020 | +2.8% | 2025-11 |
| 316L 2B | $3000โ3700 | 722020 | +6.3% | 2025-11 |
304 2B
- Purity / Spec:
- Cr 18% Ni 8%
- Form:
- Cold-rolled coil, 2B finish
- Packaging:
- Steel Coil
- MOQ:
- 25 MT
- Producing countries:
- China, India, South Korea, Indonesia
- Applications:
- Kitchenware, Architecture, Process equipment
316L 2B
- Purity / Spec:
- Cr 16% Ni 10% Mo 2%
- Form:
- Cold-rolled coil, 2B finish
- Packaging:
- Steel Coil
- MOQ:
- 20 MT
- Producing countries:
- China, India, South Korea
- Applications:
- Marine, Pharma equipment, Chemical vessels
- Also known as:
- ss coil, sus coil
- Category:
- Metal
- Common applications:
- Kitchenware, Architecture, Process equipment, Marine, Pharma equipment, Chemical vessels
Stainless Steel Coil currently trades in a reference FOB band of USD 2,100โ2,600 per metric tonne, a spread of roughly 19% between the lowest and highest quoted origins. The width of that band is driven mainly by grade (304 2B, 316L 2B), loading origin, packaging format and order size. On a CIF basis into GCC ports, ocean freight, bunker surcharges and destination terminal handling typically add a further layer on top of FOB, and duty plus VAT are applied at the port of entry. Tradloc refreshes these reference ranges from supplier offers and lane data, so use them as a negotiation baseline rather than a settled contract price.
Commercial cargoes of Stainless Steel Coil reaching the GCC are sourced primarily from China, India, South Korea, Indonesia. The UAE (Jebel Ali and Sharjah re-export trade) and Saudi Arabia lead GCC demand, with Qatar, Kuwait and Iraq importing steadily for construction and infrastructure programmes. Origin choice materially changes delivered cost: shorter lanes from India, Iran and the wider Middle East usually land cheaper on freight but can carry tighter grade availability, while Far East and European origins often offer wider specification choice at higher freight and longer transit.
Stainless Steel Coil is normally classified under HS 722020. GCC members apply the Unified Customs Tariff, so the same heading generally applies across UAE, Saudi Arabia, Oman, Qatar, Kuwait and Bahrain, with Iraq operating its own tariff schedule. Confirm the final code with your customs broker against the exact specification, purity and packaging on the commercial invoice, because a change of grade can shift the subheading and the duty rate that applies.
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