[5.17 to 5.22 Overview of Ni-Cr stainless Steel Market] the price of nickel pig iron is still at a low level in the previous period.-Shanghai Metals Market

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[5.17 to 5.22 Overview of Ni-Cr stainless Steel Market] the price of nickel pig iron is still at a low level in the previous period.

Translation 02:37:27PM May 22, 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. "thematic address

 

Electrolytic nickel

[spot transaction] SMM May 22 news: in the morning, Russian nickel than Wuxi 1906 generally water 200 yuan / ton, Jinchuan nickel than Wuxi 1906 contract generally reported rising water 1300 to 1400 yuan / ton. In early trading hours, individual traders reported a water increase of 1200 yuan per ton, with transactions at 97500 yuan per ton. Russian nickel due to the recent inflow of imports, while demand continues to be light, rising water down, due to downstream pessimism for the later period, the transaction is also general. But after 10:30, prices continued to fall to around 97300 yuan / ton, boosting some of the deals. The mainstream transaction is 97500 to 99000 yuan / ton.

[Jinchuan company ex-factory price] SMM May 22: today Jinchuan company electrolytic nickel (big plate) Shanghai quotation 98800 yuan / ton, barreled small pieces 100000 yuan / ton, down 600 yuan / ton from yesterday.

[SMM nickel Morning News] Shanghai nickel bottom reverse pumping above gate 98000

[may 21 SMM nickel brief comment] Shanghai nickel shock upward, reaching a new high in nearly a month

SMM, May 17 (Xinhua) according to SMM research, the inventory of pure nickel in the Shanghai Free Trade Zone on May 17 is about 23800 tons, a decrease of 3100 tons, or 11.5 per cent, compared with last week. This week, the bonded area inventory decreased, mainly due to the recent continuous opening of the import window, bonded area source customs declaration into the domestic, and foreign long-term goods directly into the domestic customs declaration after the arrival of foreign long-term goods, bonded area inventory decreased.

[LME0-3 adjustment fee from discount to rising water] SMM May 17: according to the recent LME0-3 adjustment fee from discount-90 to rising water. According to SMM, the recent decline in foreign inventories is obvious, warehouse receipts are more concentrated, there may be hoarding factors.

SMM May 17: according to the first half of this week, the import window is still open. In the second half of the week, due to the continuous devaluation of the RMB and the strong performance of the external market, imports changed from rising water to discount. And traders feedback in the second half of the week inquiry is not as positive as the first half of the week.

SMM, May 17-according to SMM research, due to the recent opening of the import window, there are more inquiries in the bonded area, but due to the lack of foreign supplies, the water in the bonded area has risen sharply to US $250 to US $280 / ton. Even individual traders reported a rise of more than US $300 per ton, but the price was basically unmarketable.

 

Nickel ore

SMM, May 17-as of Friday, the nickel mine inventory in all ports in the country has increased to 12.2 million wet tons, an increase of 30, 000 wet tons over the previous week, equivalent to 103000 tons of metal, the total amount of nickel ore stocks in all ports in the country increased to 12.2 million wet tons by Friday, an increase of 30, 000 wet tons over the previous week, equivalent to 103000 tons of metal. An increase of 300 tons over last week. Among them, the nickel mine stock of the seven major ports in China is 10.08 million wet tons, an increase of 20, 000 wet tons over the previous week.

[high nickel mine southern CIF transaction price slightly higher] SMM May 17: according to SMM, this week Ni1.8% high grade nickel mine CIF transaction price is $48.50 / wet ton, southern factory receiving goods, up about $0.50 / wet ton compared with last week.

[high nickel mine northern CIF mainstream transaction price is stable] SMM May 17: according to SMM, this week Ni1.8% high-grade nickel mine CIF transaction price is 49 US $49.50 / wet ton, northern factories receive goods, the same as last week. The psychological price of some factories rose to $50 per wet ton, but no deal was actually done.

(East China nickel pig iron plant resumes nickel mine procurement this week] SMM 17 May: according to SMM, this week, East China nickel pig iron plant had stopped purchasing nickel mines at the end of April. This week, it resumed procurement of nickel mines, mainly purchasing medium-grade nickel ores from Ni1.5%, the Philippines, and the transaction price was the same as before it stopped purchasing.

 

Nickel iron

[SMM exclusive] if the planned construction of a nickel pig iron project in Indonesia is carried out during the year, the output increase may reach more than 40, 000 metal tons.

SMM May 21: according to SMM research, the transaction price of high nickel iron in a steel mill in East China this week is 960 yuan / nickel, including tax, the purchase price is the same as last week, a small amount of transactions.

SMM May 21: according to SMM research, a steel mill in the south has not made an inquiry price for high nickel iron this week. Last week, the inquiry price was 960 yuan / nickel point, including tax.

SMM, May 17 (Xinhua) according to SMM research, a nickel pig iron plant in Indonesia will arrange for the maintenance of a 33000KVA hot furnace in the near future, which is expected to last for 50 days, affecting a total metal quantity of about 830 metal tons (500metal tons / month).

[East China nickel pig iron plant or arrange maintenance in the near future] SMM 17 May: according to the latest SMM research, East China nickel pig iron plant may arrange its two 33000KVA mine heat furnace maintenance in the near future. There are five 33000KVA units in the plant, four of which are currently in production, and a mine furnace under repair is expected to resume production in early June.

SMM May 17: according to the latest research and understanding of SMM, a low nickel iron factory in East China plans to resume production and inquire about the price of raw material low nickel high iron mine in the near future. The specific resumption of production SMM will continue to follow up.

[southern a steel plant high nickel iron transaction price is flat] SMM May 17: according to SMM research, a southern steel mill this week high nickel iron inquiry price is 960 yuan / nickel point, the transaction price is 960 to 970 yuan / nickel point to plant including tax, the transaction price is the same as last week.

 

Chromium

[SMM analysis] after the big increase in imports of high-carbon ferrochromium in April, the market will still be weak.

(chromium mine national port inventory decreased by 2.48 per cent to 2.793 million tons compared with last Friday) SMM 17 May: as of May 17, the national port inventory of chromium mine decreased by 2.48 per cent to 2.793 million tons compared with last Friday. Tianjin Port increased by 2.18 per cent to 1.715 million tons, Qinzhou Port by 9 per cent to 500000 tons and Lianyungang by 18 per cent to 203000 tons.

[imports of high-carbon ferrochromium increased by 50 per cent to 399400 tons in April] SMM 17 May: according to customs data, imports of high-carbon ferrochromium increased by 50 per cent to 399400 tons in April, including 118900 tons in South Africa and 165600 tons in Mozambique. India has 43000 tons and Kazakhstan has 19000 tons of iron.

 

Stainless steel

[stainless steel listing is just around the corner-some steel mills have received notification of the commencement of registration of futures delivery brands] SMM21 May: according to the news of steel mills, some steel mills have recently received notices of the commencement of registration of futures delivery brands one after another. This means that stainless steel futures will be available in the second half of the year.

SMM May 17: the new cold rolling price: 201j1 four feet cold rolling sales guidance price of 8200 yuan / ton, 201j2 four feet cold rolling sales guidance price of 7800 yuan / ton, the quantity is pending approval, falling 200 yuan / ton, the price of SMM new cold rolling price: SMM May 17: SMM new cold rolling price: SMM17 May: the new cold rolling price: SMM new cold rolling price: SMM17 May. The thickness increase is subject to the old fare increase.

SMM May 17: today, Qingshan Group offers a new hot rolling price of June 201. narrow band price is 7800 yuan / ton, j2 narrow band price is 7200 yuan / ton, and j3 narrow band price is 7600 yuan / ton. The price of J4 narrowband is 8300 yuan / ton, the price of five feet is 100 yuan / ton, of which J1, J3 ring is down 200 yuan / ton, J2 ring is down 50 yuan / ton.

 

Industry news focus

Announcement on capacity replacement Scheme of original 60 ton Converter Project in Henan Changtai stainless Steel Plate Co., Ltd.

Heat load Test of Baosteel Desheng 1780 Hot Rolling Project to be carried out in January 2021

Qingtuo Logistics 12 #, 13 # berth Port opening first voyage was a complete success

The first ferrosilicon furnace in Qingshan, Indonesia was successfully produced

Taiyuan Iron and Steel Company successfully passed the external examination of the five Systems in 2019

Wigges invests 500 million yuan to build a new stainless steel water pipe base in Xianning, Hubei Province

Announcement on Environmental impact Assessment of stainless Steel continuous casting system Transformation Project of Yongxing Special Steel

Environmental impact Assessment report of Dongfang Special Steel Co., Ltd., with an annual production capacity of 120000 tons of stainless steel plate

The indexes of Dalian Base of Northeast Special Steel Group improved obviously in April.

Equipment installation Project of Xuzhou Delong stainless Steel Bar production Line

 

Past news

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

[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.

 

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

[5.17 to 5.22 Overview of Ni-Cr stainless Steel Market] the price of nickel pig iron is still at a low level in the previous period.

Translation 02:37:27PM May 22, 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. "thematic address

 

Electrolytic nickel

[spot transaction] SMM May 22 news: in the morning, Russian nickel than Wuxi 1906 generally water 200 yuan / ton, Jinchuan nickel than Wuxi 1906 contract generally reported rising water 1300 to 1400 yuan / ton. In early trading hours, individual traders reported a water increase of 1200 yuan per ton, with transactions at 97500 yuan per ton. Russian nickel due to the recent inflow of imports, while demand continues to be light, rising water down, due to downstream pessimism for the later period, the transaction is also general. But after 10:30, prices continued to fall to around 97300 yuan / ton, boosting some of the deals. The mainstream transaction is 97500 to 99000 yuan / ton.

[Jinchuan company ex-factory price] SMM May 22: today Jinchuan company electrolytic nickel (big plate) Shanghai quotation 98800 yuan / ton, barreled small pieces 100000 yuan / ton, down 600 yuan / ton from yesterday.

[SMM nickel Morning News] Shanghai nickel bottom reverse pumping above gate 98000

[may 21 SMM nickel brief comment] Shanghai nickel shock upward, reaching a new high in nearly a month

SMM, May 17 (Xinhua) according to SMM research, the inventory of pure nickel in the Shanghai Free Trade Zone on May 17 is about 23800 tons, a decrease of 3100 tons, or 11.5 per cent, compared with last week. This week, the bonded area inventory decreased, mainly due to the recent continuous opening of the import window, bonded area source customs declaration into the domestic, and foreign long-term goods directly into the domestic customs declaration after the arrival of foreign long-term goods, bonded area inventory decreased.

[LME0-3 adjustment fee from discount to rising water] SMM May 17: according to the recent LME0-3 adjustment fee from discount-90 to rising water. According to SMM, the recent decline in foreign inventories is obvious, warehouse receipts are more concentrated, there may be hoarding factors.

SMM May 17: according to the first half of this week, the import window is still open. In the second half of the week, due to the continuous devaluation of the RMB and the strong performance of the external market, imports changed from rising water to discount. And traders feedback in the second half of the week inquiry is not as positive as the first half of the week.

SMM, May 17-according to SMM research, due to the recent opening of the import window, there are more inquiries in the bonded area, but due to the lack of foreign supplies, the water in the bonded area has risen sharply to US $250 to US $280 / ton. Even individual traders reported a rise of more than US $300 per ton, but the price was basically unmarketable.

 

Nickel ore

SMM, May 17-as of Friday, the nickel mine inventory in all ports in the country has increased to 12.2 million wet tons, an increase of 30, 000 wet tons over the previous week, equivalent to 103000 tons of metal, the total amount of nickel ore stocks in all ports in the country increased to 12.2 million wet tons by Friday, an increase of 30, 000 wet tons over the previous week, equivalent to 103000 tons of metal. An increase of 300 tons over last week. Among them, the nickel mine stock of the seven major ports in China is 10.08 million wet tons, an increase of 20, 000 wet tons over the previous week.

[high nickel mine southern CIF transaction price slightly higher] SMM May 17: according to SMM, this week Ni1.8% high grade nickel mine CIF transaction price is $48.50 / wet ton, southern factory receiving goods, up about $0.50 / wet ton compared with last week.

[high nickel mine northern CIF mainstream transaction price is stable] SMM May 17: according to SMM, this week Ni1.8% high-grade nickel mine CIF transaction price is 49 US $49.50 / wet ton, northern factories receive goods, the same as last week. The psychological price of some factories rose to $50 per wet ton, but no deal was actually done.

(East China nickel pig iron plant resumes nickel mine procurement this week] SMM 17 May: according to SMM, this week, East China nickel pig iron plant had stopped purchasing nickel mines at the end of April. This week, it resumed procurement of nickel mines, mainly purchasing medium-grade nickel ores from Ni1.5%, the Philippines, and the transaction price was the same as before it stopped purchasing.

 

Nickel iron

[SMM exclusive] if the planned construction of a nickel pig iron project in Indonesia is carried out during the year, the output increase may reach more than 40, 000 metal tons.

SMM May 21: according to SMM research, the transaction price of high nickel iron in a steel mill in East China this week is 960 yuan / nickel, including tax, the purchase price is the same as last week, a small amount of transactions.

SMM May 21: according to SMM research, a steel mill in the south has not made an inquiry price for high nickel iron this week. Last week, the inquiry price was 960 yuan / nickel point, including tax.

SMM, May 17 (Xinhua) according to SMM research, a nickel pig iron plant in Indonesia will arrange for the maintenance of a 33000KVA hot furnace in the near future, which is expected to last for 50 days, affecting a total metal quantity of about 830 metal tons (500metal tons / month).

[East China nickel pig iron plant or arrange maintenance in the near future] SMM 17 May: according to the latest SMM research, East China nickel pig iron plant may arrange its two 33000KVA mine heat furnace maintenance in the near future. There are five 33000KVA units in the plant, four of which are currently in production, and a mine furnace under repair is expected to resume production in early June.

SMM May 17: according to the latest research and understanding of SMM, a low nickel iron factory in East China plans to resume production and inquire about the price of raw material low nickel high iron mine in the near future. The specific resumption of production SMM will continue to follow up.

[southern a steel plant high nickel iron transaction price is flat] SMM May 17: according to SMM research, a southern steel mill this week high nickel iron inquiry price is 960 yuan / nickel point, the transaction price is 960 to 970 yuan / nickel point to plant including tax, the transaction price is the same as last week.

 

Chromium

[SMM analysis] after the big increase in imports of high-carbon ferrochromium in April, the market will still be weak.

(chromium mine national port inventory decreased by 2.48 per cent to 2.793 million tons compared with last Friday) SMM 17 May: as of May 17, the national port inventory of chromium mine decreased by 2.48 per cent to 2.793 million tons compared with last Friday. Tianjin Port increased by 2.18 per cent to 1.715 million tons, Qinzhou Port by 9 per cent to 500000 tons and Lianyungang by 18 per cent to 203000 tons.

[imports of high-carbon ferrochromium increased by 50 per cent to 399400 tons in April] SMM 17 May: according to customs data, imports of high-carbon ferrochromium increased by 50 per cent to 399400 tons in April, including 118900 tons in South Africa and 165600 tons in Mozambique. India has 43000 tons and Kazakhstan has 19000 tons of iron.

 

Stainless steel

[stainless steel listing is just around the corner-some steel mills have received notification of the commencement of registration of futures delivery brands] SMM21 May: according to the news of steel mills, some steel mills have recently received notices of the commencement of registration of futures delivery brands one after another. This means that stainless steel futures will be available in the second half of the year.

SMM May 17: the new cold rolling price: 201j1 four feet cold rolling sales guidance price of 8200 yuan / ton, 201j2 four feet cold rolling sales guidance price of 7800 yuan / ton, the quantity is pending approval, falling 200 yuan / ton, the price of SMM new cold rolling price: SMM May 17: SMM new cold rolling price: SMM17 May: the new cold rolling price: SMM new cold rolling price: SMM17 May. The thickness increase is subject to the old fare increase.

SMM May 17: today, Qingshan Group offers a new hot rolling price of June 201. narrow band price is 7800 yuan / ton, j2 narrow band price is 7200 yuan / ton, and j3 narrow band price is 7600 yuan / ton. The price of J4 narrowband is 8300 yuan / ton, the price of five feet is 100 yuan / ton, of which J1, J3 ring is down 200 yuan / ton, J2 ring is down 50 yuan / ton.

 

Industry news focus

Announcement on capacity replacement Scheme of original 60 ton Converter Project in Henan Changtai stainless Steel Plate Co., Ltd.

Heat load Test of Baosteel Desheng 1780 Hot Rolling Project to be carried out in January 2021

Qingtuo Logistics 12 #, 13 # berth Port opening first voyage was a complete success

The first ferrosilicon furnace in Qingshan, Indonesia was successfully produced

Taiyuan Iron and Steel Company successfully passed the external examination of the five Systems in 2019

Wigges invests 500 million yuan to build a new stainless steel water pipe base in Xianning, Hubei Province

Announcement on Environmental impact Assessment of stainless Steel continuous casting system Transformation Project of Yongxing Special Steel

Environmental impact Assessment report of Dongfang Special Steel Co., Ltd., with an annual production capacity of 120000 tons of stainless steel plate

The indexes of Dalian Base of Northeast Special Steel Group improved obviously in April.

Equipment installation Project of Xuzhou Delong stainless Steel Bar production Line

 

Past news

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

[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.

 

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