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Home / Metal News / [SMM] Wuxi Jiugang weekly price (6.18 to 6.24)

[SMM] Wuxi Jiugang weekly price (6.18 to 6.24)

Jun 18, 2019 16:53

Source:Shanghai Nonferrous Metals Network

SMM, June 18 / PRNewswire-Asianet /-

Wuxi Jiugang quoted price this week (6.18 6.24): 304cold rolling cutting base price 14300 yuan / ton, month-on-month flat price; 430cold rolling base price 8000 yuan / ton, month-on-month flat. The above quotations are all true.

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Import and export

quotation

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stainless steel

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

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At present, there are 24 iron and steel joint enterprises in Shanxi, China. In 2021, the pig iron output was 59.884 million mt, a year-on-year decrease of 1.6%; Crude steel output was 67.407 million mt, up 1.6% year-on-year; The output of steel products was 61.739 million mt, which was basically the same as that of the previous year.

Mar 25, 2022 17:09

Industry

Shanxi Iron and Steel Enterprise Transformation and Upgrading Plan in 2022

SMM Focus: Analysis of the Production Dynamics of a Steel Mill in East China Affected by the Pandemic

Under the influence of the increasingly severe pandemic, the epidemic prevention policy in domestic ports was strict, while the unloading capacity of terminals was restricted and the efficiency of cargo handling was reduced.

Mar 17, 2022 16:30

SMM Insight

SMM Focus: Analysis of the Production Dynamics of a Steel Mill in East China Affected by the Pandemic

Stainless Steel Spot Prices Dipped amid Mixed Production Expansion and Cuts

Today, the spot prices of all series of stainless steel products in Foshan stood flat today. The average price of the 300 series product was around 18,000 yuan/mt. The market received a large number of goods last week, while the demand failed to keep up. The downstream users continued to purchase on rigid demand after the prices rebounded slightly yesterday.

Mar 2, 2022 15:29

Analysis

Stainless Steel Spot Prices Dipped amid Mixed Production Expansion and Cuts

Spot Supply of Stainless Steel was Tight due to Delayed Shipments

The spot supply was relatively tight in the stainless steel market.

Jan 5, 2022 10:17

SMM Insight

Spot Supply of Stainless Steel was Tight due to Delayed Shipments

Stainless Steel Mills Jointly Cut the Output to Maintain Order of 200-Series Market

On 13 December, Baosteel Desheng took the lead in issuing the Initiative on Jointly Maintaining the Order of the 200-Series Market and Regulating Market Behaviour and committed to cut the output of 200-series products from the perspective of balancing market demand and supply, by maintaining only one blast furnace in production by March 2022 in an effort to scale back the overall supply by more than 60%.

Dec 16, 2021 10:28

Industry

Stainless Steel Mills Jointly Cut the Output to Maintain Order of 200-Series Market

Stainless Steel Spot Prices Dropped Further and Are Likely to Keep Falling amid Sluggish Trade

The prices of 300-series cold-rolled stainless steel fell significantly again in Foshan today. A steel mill in south China lowered the prices sharply.

Dec 1, 2021 16:15

Analysis

Stainless Steel Spot Prices Dropped Further and Are Likely to Keep Falling amid Sluggish Trade

China’s Stainless Steel Output Dropped to a New Low within the Year in Sep

According to SMM survey, the domestic stainless steel output totalled 2.22 million mt in September, a drop of 590,000 mt or 20.97% month on month, and down 19.75% year on year.

Oct 12, 2021 15:38

Analysis

China’s Stainless Steel Output Dropped to a New Low within the Year in Sep

Import and export of nickel products in March

Total import volume of NPI in March 2021 was 334,000 mt. Imports from Indonesia stood at 278,000 mt, an increase of 18.38% month-on-month but a year-on-year decrease of 1.9%. NPI and stainless steel capacity in Indonesia has commissioned simultaneously, and the growth in exports of NPI to China should be limited in the short term;

Apr 27, 2021 11:28

SMM Insight

Import and export of nickel products in March

Scheduled rebar production up 1.48% in December as several steel mills resumed production from maintenance

Planned output of construction steel rebar across China’s major blast furnace steelmakers is estimated to rise 1.48% from the achieved production in November to 8.1 million mt in December

Dec 14, 2020 11:37

Analysis SMM Comments SMM Insight

Scheduled rebar production up 1.48% in December as several steel mills resumed production from maintenance

Tangshan to lift level II anti-smog measures from Nov 7

Handan will lift the response from Nov 10

Nov 6, 2019 10:43

Industry

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[SMM] Wuxi Jiugang weekly price (6.18 to 6.24)

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