[5.13-5.16 Overview of Ni-Cr stainless Steel Market] Electrolytic nickel prices have stabilized and bounced back, and the fundamentals have not changed.-Shanghai Metals Market

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[5.13-5.16 Overview of Ni-Cr stainless Steel Market] Electrolytic nickel prices have stabilized and bounced back, and the fundamentals have not changed.

Translation 09:07:50PM May 16, 2019 Source:SMM

* subscribe to the SMM nickel-chromium stainless steel news feature, and you can browse the minutes of the morning meeting of the SMM nickel-chromium stainless steel research group and the downstream consumption survey data daily, at a minimum of 98 yuan. "Click to view the topic address

 

Electrolytic nickel

[SMM analysis] Ni price stabilized above rebound close to pressure level

[spot transaction] SMM May 16: in the morning, Russia and nickel generally rose 350 yuan / ton compared with Wuxi 1906, while individual traders rose 400 yuan / ton, but there was basically no transaction. Compared with the Wuxi 1906 contract, Jinchuan nickel reported a rise of 2500 yuan to 2,600 yuan / ton. In the morning, the price was consolidated around 97700 yuan / ton, and the market response was mediocre. In the first half of the week downstream, it has been purchased in the market one after another, and because the absolute price is higher than before, The transaction is not as active as before, but the Russian nickel transaction is relatively active compared with Jinchuan nickel, the Russian nickel supply is not as obvious as the expected increment, Jinchuan supply is more recently. Jinchuan ex-factory price of 99900 yuan / ton, up from yesterday, the mainstream transaction at 97850 to 100000 yuan / ton. "Click to view

[nickel stocks] LME nickel stocks decreased by 1794 tons to 165474 tons on 16 May.

SMM basic Metals spot Trading Day Review on May 16

[brief comment on SMM nickel] Shanghai nickel intraday narrow fluctuation increased daily trading volume by 230000 hands

[Jinchuan company ex-factory price] SMM May 16-Jinchuan company electrolytic nickel (big plate) Shanghai quotation 99900 yuan / ton, barreled small pieces 101100 yuan / ton, up from yesterday.

[SMM nickel Morning News] Shanghai nickel makes up for the gap for a short time above the pressure 99000 integer close

[Russia's aluminum and nickel exports fell from January to March and copper exports increased] Russian customs data showed that Russia's aluminum exports fell to 909200 tons from January to March, down from 931900 tons in the same period last year. Nickel exports fell to 31200 tons, down from 33700 tons in the same period last year. Russia's copper exports from January to March were 196100 tons, up from 175900 tons in the same period last year.

 

Nickel ore

[SMM Financial report] Eramet: sets a target of 1.5 million tons of nickel ore for 2019

Nickel price recovers first quantum or Ravensthorpe nickel cobalt project will be restarted

Opening up of copper and nickel mines in the wilderness of Minnesota to reduce imports from the Trump administration

A number of mining giants are optimistic about the prospect of nickel for electric cars BHP Billiton retains its nickel business for sale

[electrification trend: BHP Billiton suspends the sale of Nickel West Rio Tinto is bullish on Jadar lithium mine development] BHP Billiton CEO Andrew Mackenzie said on Tuesday that, Nickel West showed potential high returns with the rapid development of the battery industry. So the company will suspend the previously proposed Nickel West sale. Rio Tinto also sees huge prospects for lithium, which currently has a huge jadarite lithium mine in Serbia.

 

Nickel iron

[East China Steel Plant this week high nickel iron transaction price is flat] SMM May 14: according to SMM research, East China steel mill this week high nickel iron transaction price is 960 yuan / nickel, to the plant including tax, compared with the last purchase price is the same, a small number of transactions.

[inquiry price of high nickel iron in a steel plant in the south is flat] SMM May 13: according to SMM research, the inquiry price of high nickel iron in a steel mill in the south this week is 960 yuan / nickel point, including tax, which is the same as the transaction price last week.

 

Chromium

SMM May 14: Liaoning Angang C50 low carbon ferrochromium a total of 2550 tons, of which the May tender price of 12300 yuan / 60 base tons (including tax to the plant), down 1250 yuan / 60 base tons compared with the previous month.

* subscribe to any information product of SMM nickel industry chain (weekly, monthly, database), you can get instant message about the purchase of steel mill, contact: Zhu Junhui 13917953839.

 

Stainless steel

[SMM analysis] stainless steel enterprise Q1 performance inventory: steel plant output surge inventory high demand poor order is not ideal

[Qingshan Group June 201 Cold Hot Rolling New Price] Today, Qingshan Group offered a new hot rolling price of June 201: J1 narrowband price 7800 yuan / ton, j2 narrowband price 7200 yuan / ton, J3 narrowband price 7600 yuan / ton, J4 narrowband price 8300 yuan / ton, quantity to be approved. The price of five feet is 100 yuan / ton, of which J1, J3 ring fell 200 yuan / ton, J2 ring fell 50 yuan / ton. New cold rolling price: 201j1 four-foot cold rolling sales guide price 8200 yuan / ton, 201j2 four-foot cold rolling sales guide price 7800 yuan / ton, the quantity is pending approval, falling 200 yuan / ton, the thickness increase is applicable to the old price increase.

Taiyuan Iron and Steel Company raises the futures price of 400 series stainless steel plate in May

 

Industry news focus

National Development and Reform Commission "Industrial structure Adjustment guidance Catalog" consultation announcement related to the metal industry

Ningde focuses on speeding up the development of stainless steel products such as 400 series, 304D and duplex steel.

Qingtuo Industry plans to expand 500000 tons of stainless Steel Seamless Steel Pipe Project

Hot forming Extrusion of 25m Super long stainless Steel Pipe in Taiyuan Iron and Steel Co., Ltd.

The first phase of Delong 1.6 million ton bar project is scheduled to be put into production by the end of August.

Panzhang special "double 12 ton furnace" project to achieve production and efficiency work officially started

The inflow of high-end products into Fushun Special Steel in April continued to maintain a high level in the same period in history.

Glencore: use of cobalt and nickel in electric vehicles will rise sharply by 2025

Start-up meeting on the implementation of Enterprise Standard system held in Qingshan Park, Indonesia

The third production Line of ITSS Electrolytic Manganese Plant was started and put into production

[Sino-US Trade] China imposes tariffs on US $60 billion goods related to Metal products

[SMM interpretation] how big is the shock wave of the US $200 billion tariff if it really implements the metal industry?

Central Africa smelting is the largest ferrochromium smelting enterprise in Zimbabwe at present

Japanese Iron and Steel raises the domestic contract Price of stainless Steel Plate in May 2019

 

Past news

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

 

 

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

[5.13-5.16 Overview of Ni-Cr stainless Steel Market] Electrolytic nickel prices have stabilized and bounced back, and the fundamentals have not changed.

Translation 09:07:50PM May 16, 2019 Source:SMM

* subscribe to the SMM nickel-chromium stainless steel news feature, and you can browse the minutes of the morning meeting of the SMM nickel-chromium stainless steel research group and the downstream consumption survey data daily, at a minimum of 98 yuan. "Click to view the topic address

 

Electrolytic nickel

[SMM analysis] Ni price stabilized above rebound close to pressure level

[spot transaction] SMM May 16: in the morning, Russia and nickel generally rose 350 yuan / ton compared with Wuxi 1906, while individual traders rose 400 yuan / ton, but there was basically no transaction. Compared with the Wuxi 1906 contract, Jinchuan nickel reported a rise of 2500 yuan to 2,600 yuan / ton. In the morning, the price was consolidated around 97700 yuan / ton, and the market response was mediocre. In the first half of the week downstream, it has been purchased in the market one after another, and because the absolute price is higher than before, The transaction is not as active as before, but the Russian nickel transaction is relatively active compared with Jinchuan nickel, the Russian nickel supply is not as obvious as the expected increment, Jinchuan supply is more recently. Jinchuan ex-factory price of 99900 yuan / ton, up from yesterday, the mainstream transaction at 97850 to 100000 yuan / ton. "Click to view

[nickel stocks] LME nickel stocks decreased by 1794 tons to 165474 tons on 16 May.

SMM basic Metals spot Trading Day Review on May 16

[brief comment on SMM nickel] Shanghai nickel intraday narrow fluctuation increased daily trading volume by 230000 hands

[Jinchuan company ex-factory price] SMM May 16-Jinchuan company electrolytic nickel (big plate) Shanghai quotation 99900 yuan / ton, barreled small pieces 101100 yuan / ton, up from yesterday.

[SMM nickel Morning News] Shanghai nickel makes up for the gap for a short time above the pressure 99000 integer close

[Russia's aluminum and nickel exports fell from January to March and copper exports increased] Russian customs data showed that Russia's aluminum exports fell to 909200 tons from January to March, down from 931900 tons in the same period last year. Nickel exports fell to 31200 tons, down from 33700 tons in the same period last year. Russia's copper exports from January to March were 196100 tons, up from 175900 tons in the same period last year.

 

Nickel ore

[SMM Financial report] Eramet: sets a target of 1.5 million tons of nickel ore for 2019

Nickel price recovers first quantum or Ravensthorpe nickel cobalt project will be restarted

Opening up of copper and nickel mines in the wilderness of Minnesota to reduce imports from the Trump administration

A number of mining giants are optimistic about the prospect of nickel for electric cars BHP Billiton retains its nickel business for sale

[electrification trend: BHP Billiton suspends the sale of Nickel West Rio Tinto is bullish on Jadar lithium mine development] BHP Billiton CEO Andrew Mackenzie said on Tuesday that, Nickel West showed potential high returns with the rapid development of the battery industry. So the company will suspend the previously proposed Nickel West sale. Rio Tinto also sees huge prospects for lithium, which currently has a huge jadarite lithium mine in Serbia.

 

Nickel iron

[East China Steel Plant this week high nickel iron transaction price is flat] SMM May 14: according to SMM research, East China steel mill this week high nickel iron transaction price is 960 yuan / nickel, to the plant including tax, compared with the last purchase price is the same, a small number of transactions.

[inquiry price of high nickel iron in a steel plant in the south is flat] SMM May 13: according to SMM research, the inquiry price of high nickel iron in a steel mill in the south this week is 960 yuan / nickel point, including tax, which is the same as the transaction price last week.

 

Chromium

SMM May 14: Liaoning Angang C50 low carbon ferrochromium a total of 2550 tons, of which the May tender price of 12300 yuan / 60 base tons (including tax to the plant), down 1250 yuan / 60 base tons compared with the previous month.

* subscribe to any information product of SMM nickel industry chain (weekly, monthly, database), you can get instant message about the purchase of steel mill, contact: Zhu Junhui 13917953839.

 

Stainless steel

[SMM analysis] stainless steel enterprise Q1 performance inventory: steel plant output surge inventory high demand poor order is not ideal

[Qingshan Group June 201 Cold Hot Rolling New Price] Today, Qingshan Group offered a new hot rolling price of June 201: J1 narrowband price 7800 yuan / ton, j2 narrowband price 7200 yuan / ton, J3 narrowband price 7600 yuan / ton, J4 narrowband price 8300 yuan / ton, quantity to be approved. The price of five feet is 100 yuan / ton, of which J1, J3 ring fell 200 yuan / ton, J2 ring fell 50 yuan / ton. New cold rolling price: 201j1 four-foot cold rolling sales guide price 8200 yuan / ton, 201j2 four-foot cold rolling sales guide price 7800 yuan / ton, the quantity is pending approval, falling 200 yuan / ton, the thickness increase is applicable to the old price increase.

Taiyuan Iron and Steel Company raises the futures price of 400 series stainless steel plate in May

 

Industry news focus

National Development and Reform Commission "Industrial structure Adjustment guidance Catalog" consultation announcement related to the metal industry

Ningde focuses on speeding up the development of stainless steel products such as 400 series, 304D and duplex steel.

Qingtuo Industry plans to expand 500000 tons of stainless Steel Seamless Steel Pipe Project

Hot forming Extrusion of 25m Super long stainless Steel Pipe in Taiyuan Iron and Steel Co., Ltd.

The first phase of Delong 1.6 million ton bar project is scheduled to be put into production by the end of August.

Panzhang special "double 12 ton furnace" project to achieve production and efficiency work officially started

The inflow of high-end products into Fushun Special Steel in April continued to maintain a high level in the same period in history.

Glencore: use of cobalt and nickel in electric vehicles will rise sharply by 2025

Start-up meeting on the implementation of Enterprise Standard system held in Qingshan Park, Indonesia

The third production Line of ITSS Electrolytic Manganese Plant was started and put into production

[Sino-US Trade] China imposes tariffs on US $60 billion goods related to Metal products

[SMM interpretation] how big is the shock wave of the US $200 billion tariff if it really implements the metal industry?

Central Africa smelting is the largest ferrochromium smelting enterprise in Zimbabwe at present

Japanese Iron and Steel raises the domestic contract Price of stainless Steel Plate in May 2019

 

Past news

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

 

 

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