Chinese Stainless steel scrap prices gain on 9th June, 2015

Published: Jun 11, 2015 10:21

Save

The Chinese Stainless Steel scrap prices mostly edged higher on ScrapMonster Price Index as on June 9th, Tuesday.

Author: Paul Ploumis10 Jun 2015 Last updated at 06:28:02 GMT

BEIJING (Scrap Monster): The Chinese Stainless Steel scrap prices mostly edged higher on ScrapMonster Price Index as on June 9th, Tuesday.

201 SS prices climbed higher by CNY 100 per MT to CNY 4,000 per MT.

304 SS Solid prices too increased by CNY 100 per MT over the previous day.

The price of 304 SS Turning witnessed a rise of CNY 100 per MT.

309 SS and 310 SS prices witnessed marginal increase of CNY 100 per MT each.

316 SS Solid scrap prices edged higher by CNY 150 per MT over the day on June 9th.

Shred SS prices increased by CNY 100 per MT to CNY 9,150 per MT.

Meantime, steel scrap prices edged higher slightly. The prices of #HMS scrap and Cast Iron scrap increased by CNY 20 per MT.

Shred Zinc scrap prices remained flat over the previous day.

Stainless Steel scrap prices Stainless Steel scrap Stainless Steel

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

6 mins ago

Copper Cathode Rod Producers See 2.46% WoW Increase in Operating Rates, Market Demand Remains Stable

[SMM Copper Cathode Rod Flash] The operating rate of copper cathode rod producers increased by 2.46 percentage points WoW to 68.06% this week. The rebound was mainly due to enterprises that had previously cut production resuming normal operations. However, copper cathode rod enterprises reported that new orders were stable, with no significant improvement, and market demand was basically flat compared to last week. Due to end-users' weak acceptance of current copper prices, operating rates in the downstream wire and cable and enamelled wire industries remained stable.

6 mins ago

59 mins ago

In May, integrated circuit production was up 25.4% YoY.

From January to May 2026, China's electronic information manufacturing sector experienced rapid production growth and steady export progress. In May, the value added of the electronic information manufacturing industry above designated size was up 17% YoY, with integrated circuit production reaching 228.6 billion units, up 25.4% YoY.

59 mins ago

1 hour ago

Weekly Review of the Copper Enamelled Wire Industry

The enamelled wire industry saw a slight increase in operating rates and orders taken this week, though enterprise order differentiation remained pronounced. The winding down of mid-year settlements spurred some downstream restocking, generating only a small, short-term increase in volume. End-users remained in the traditional off-season, with weak essential demand support, leaving overall demand stable but soft, and there was yet no signal of sustained recovery.

1 hour ago