On June 26, according to an SMM survey, stainless steel futures prices opened low and trended higher. The #304 stainless steel prices remained flat. Positive market sentiment drove a recovery in transactions. Tsingshan Group lowered the guidance prices for 200-series stainless steel by about 200 yuan/mt, aligning with the current mainstream transaction prices. Meanwhile, both supply and demand for 400-series stainless steel ran weak. However, the overall stainless steel market stabilised. In the morning, #304 CRC in Wuxi was quoted at 13,750-14,150 yuan/mt, and #304 HRC in Wuxi was quoted at 13,300-13,400 yuan/mt. #316L CRC in Wuxi was quoted at 24,600-25,500 yuan/mt, versus 8,500-8,900 yuan/mt for #201J1 CRC in Wuxi and 8,050-8,150 yuan/mt for #430 CRC in Wuxi. At 10:30 AM, SHFE SS2409 contract price was 13,925 yuan/mt, and the spot premium for stainless steel in Wuxi was -5-395 yuan/mt (spot cut edge = uncut edge + 170 yuan/mt).
![[SMM 스테인리스 플래시] EU 용해·주조 규정, 스테인리스 공급망 추적성 재편 예고](https://imgqn.smm.cn/usercenter/PuSOO20251217171732.jpeg)

