[SMM Steel Mill Guidance Price] Guidance Prices for Different Series of Stainless Steel at Large Domestic Steel Mills on June 4

[SMM Daily Review of Stainless Steel: Stainless Steel Market in Stalemate, Prices Remain Stable] SMM reported on June 4 that today, driven by the overall strength of ferrous metals series futures, the SS futures market rose in tandem. However, the spot market reacted indifferently, with transactions mainly driven by just-in-time procurement. The overall trading atmosphere remained sluggish, and traders lacked confidence in the market outlook. Despite the current low prices of stainless steel and the limited room for further price declines due to news of production cuts at steel mills, downstream consumer demand is significantly weak, and the market is filled with wait-and-see sentiment. It is difficult to see significant improvements in market activity in the short term. In the futures market, the most-traded 2507 contract fluctuated upward. At 10:30 a.m., SS2507 was quoted at 12,660 yuan/mt, up 10 yuan/mt from the previous trading day. In the Wuxi region, the spot premiums/discounts for 304/2B stainless steel ranged from 470 to 670 yuan/mt. In the spot market, the cold-rolled 201/2B coils in Wuxi and Foshan were both quoted at 7,950 yuan/mt; the cold-rolled trimmed 304/2B coils had an average price of 13,100 yuan/mt in Wuxi and 13,100 yuan/mt in Foshan; the cold-rolled 316L/2B coils were priced at 24,050 yuan/mt in Wuxi and 24,050 yuan/mt in Foshan; the hot-rolled 316L/NO.1 coils were quoted at 23,350 yuan/mt in both regions; and the cold-rolled 430/2B coils were both priced at 7,500 yuan/mt in Wuxi and Foshan. Currently, the stainless steel market has fully entered the traditional consumption off-season, with sustained weakness in downstream demand. Although stainless steel production has declined since March, it still remains at historically high levels, resulting in significant market supply...

[SMM Weekly Review: EVA Prices Continue to Pull Back, New Film Orders in June See Price Decline] This week, the price of PV-grade EVA was 10,000-10,400 yuan/mt, the mainstream price range of EVA film was 12,300-12,500 yuan/mt, and the price range of EPE film was 13,900-14,000 yuan/mt.

On June 4, the winning bid result for the inverter equipment procurement of the CR New Energy Yunnan Zhongzhai PV Power Generation Project was announced. The winning bidder was Dongfang Hitachi (Chengdu) Electric Control Equipment Co., Ltd., with a winning bid price of 17,541,002.25 yuan. The tender announcement indicated that the Zhongzhai PV Power Generation Project would procure string PV inverter equipment (with the quantity determined by the model) and its accessories, spare parts, special tools, and other equipment for procurement, transportation, and services, with a total AC capacity of 202.24 MWac and a single-unit power of 300 kW or above (input voltage of 1500 V and output voltage of 800 V). It also included the procurement, transportation, installation, and commissioning of one set of inverter monitoring system equipment, as well as coordination with the commissioning of the PV field monitoring system. During the warranty period, the bidder shall unconditionally repair the equipment free of charge (including transportation, spare parts, etc.).

[SMM Titanium Spot Cargo Update: Leading Enterprise Cuts New Order Prices, Titanium Dioxide Market in the Doldrums Today] SMM reported on June 3 that today's market quotes for rutile titanium dioxide are 13,000-14,000 yuan/mt, and for anatase titanium dioxide are 12,000-12,800 yuan/mt. Affected by multiple factors such as export obstacles and the off-season effect, it is expected that the titanium dioxide market will continue to remain in the doldrums.