Stainless Steel Fasteners Prices See Moderate Uptick in 2025

China's stainless steel fasteners market has seen gradual price rises in 2025, driven by volatile raw materials and strong high-end manufacturing demand, industry monitoring data reveals. The average price of 304 stainless steel bolts has climbed 8.3% year-on-year as of mid-September. 

Prices are closely linked to stainless steel billet costs, which are heavily swayed by nickel and chromium movements. London Metal Exchange data shows nickel prices have fluctuated over 30% this year, spurred by new energy vehicle battery demand and supply chain adjustments. A report notes that every 1,000 yuan per ton rise in stainless steel translates to an 1,800 yuan increase in fastener production costs, due to processing and labor overlays.

The "Made in China 2025" strategy fuels demand from sectors like new energy vehicles and aerospace, pushing up orders for high-performance fasteners. The market share of super duplex steel products has risen to 8.2% from 3.7% in 2020. Meanwhile, 5-trillion-yuan urban renewal and infrastructure projects sustain steady demand for construction-grade fasteners.

The updated GB/T 3098.15 standard, which raises molybdenum requirements and restricts hazardous metals, has forced small enterprises to upgrade materials, temporarily tightening regional supply. Leading firms have seen surging orders for compliant 316L wire rods. Analysts predict mild price rises will continue, with enterprises’ strengthened supply chain management mitigating extreme swings.