[5.6-5.10 Ni-Cr stainless steel market overview] when will the poor performance of stainless steel products stop falling?

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Electrolytic nickel

Weekly Review of spot Trading of SMM basic Metals (2019.5.6 to 2019.5.10)

[SMM Analysis] under the 30-day decline, Shanghai nickel will return to the bottom of the international moving average after the change in nickel prices?

[SMM Analysis] domestic inventory continues to increase downstream stainless steel demand reduces supply and demand continues to weaken

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Nickel ore

[SMM Analysis] two more export quotas have been approved for Indonesian nickel mines, with a total quota of 59.78 million wet tons.

SMM, May 10 (Xinhua) as of Friday, nickel mine stocks in all ports across the country rose to 12.17 million wet tons, an increase of 90,000 wet tons over the previous week, equivalent to 102000 tons of metal, and 800 tons more than last week, according to SMM.

Nickel iron

[SMM Analysis] domestic NPI supply is steady, demand is rising, demand is slightly lower, sticker water may be expanded.

[SMM Analysis] the nickel price goes down the EF plant in Inner Mongolia is near break-even.

SMM, May 6 (Xinhua) according to SMM research, yesterday's non-disk guidance, the transaction price of high nickel iron in a steel mill in the south yesterday was 965 to 970 yuan / nickel point, including tax. The price is 5 to 10 yuan / nickel point higher than the inquiry price of 960 yuan / nickel point last week. Today's nickel price is low, the steel plant high nickel iron inquiry price is the same as last week, 960 yuan / nickel point, there is a deal.

SMM, May 10 (Xinhua) according to the latest SMM research, the commissioning time of the first mining furnace in the nickel pig iron plant in Indonesia may continue to be delayed. The plant plans to put into production four 33000KVA ore heaters this year. The first one was originally scheduled to be put into production at the beginning of this month, but the construction progress was not as expected, or the production time was delayed again.

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Chromium

SMM May 6: Jiugang May high carbon ferrochromium purchase price of 7096 yuan / 50 basis (cash including tax to the factory price), down 200 yuan / 50 base tons compared with the previous month, the purchase quantity is constant.

SMM, May 7 (Xinhua) according to SMM research, a high-carbon ferrochromium plant in Inner Mongolia, which produces 240000 tons of high-carbon ferrochromium, recently put into production a 33000kva ore heating furnace, with an estimated output of 5000 tons this month.

SMM, 10 May-as of 10 May, the national port inventory of chromium mines increased by 6 per cent to 2.864 million tons, of which Tianjin Port increased by 8 per cent to 1.75 million tons. Qinzhou Port increased by 8 per cent to 550000 tons and Lianyungang by 170000 tons.

SMM May 10: Citic Pacific May high carbon ferrochromium purchase price 7350 7400 yuan / 50 base tons (including tax package), down 300 yuan / 50 base tons compared with the previous month, bidding constant, particle size requirements: 10 to 70 mm; The average purchase price of low carbon ferrochromium C50 is 12200 yuan / 60 base tons (including tax package), which is 1325 yuan / 60 base tons lower than the average price last month. The bidding quantity is constant and the particle size is 10-60mm.

[inner Mongolia high carbon ferrochromium transaction price] SMM May 10: according to SMM research, Inner Mongolia high carbon ferrochromium transaction price of 6800 yuan / 50 base tons, compared with the pre-festival ring down 100 yuan / 50 base tons.

Stainless steel

[SMM analysis] stainless steel profit repair market is improved?

[SMM exclusive] the stainless steel industry PMI composite index fell sharply in April and continued to fall in May.

[SMM exclusive] the final value of the nickel downstream PMI composite index in April was 42.55%, mainly dragged down by the stainless steel industry, and the initial value of the nickel downstream PMI in May was 39.41%.

Xinhai Science and Technology will build 4 million ton Integrated stainless Steel Industry Base

Russian Nornickel expects nickel demand growth to slow in 2019

Decline in production and sales of finished nickel at Sherritt Madagascar Ambatovy joint venture in 2018 net loss reduced by about 63 per cent

Eramet nickel business operating loss decreased by about 11 per cent in 2018

BHP Billiton Nickel West's nickel production, revenue and basic EBITDA from July to December 2018 were lower than a year earlier

Wuzhou Xinfeng Special Steel 950 mm stainless Steel full continuous Rolling Plant signed by China No.1 Metallurgical Co., Ltd.

Liugang nickel-iron smelting project starts one body, two wings blast sound

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Introduction of SMM Ni-Cr stainless Steel Research team

Study on Liu Yuqiao 021 51666804 Ni Industry chain

Zhu Junhui 13917953839 Ni-Cr stainless Steel Industry report and Database

Gao Yin 021 51666865 nickel ore, nickel sulfate

Duan Chunjing 021 51666896 Electrolytic Ni

Wang Tong 021 51666855 stainless steel, ferrochromium

Wu Ruoyao 021 51595864 nickel pig iron

Li Chuntian 021 51666817 stainless Steel Regeneration Resources