Today's nickel market (6.19) macro news to support the market nickel price strong South China plant actively release nickel pig iron procurement demand-Shanghai Metals Market

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Today's nickel market (6.19) macro news to support the market nickel price strong South China plant actively release nickel pig iron procurement demand

Translation 02:05:07PM Jun 19, 2019 Source:SMM
The content below was translated by Tencent automatically for reference.

[June 19 SMM nickel product price]

* subscribe to the SMM Ni-Cr stainless Steel routine report and receive the latest information in the morning, noon and closing hours. Contact: Zhu Junhui, 13917953839 (same WeChat).

[June 19 SMM nickel market trends]

Electrolytic nickel

Spot: Russian nickel in the morning than Wuxi 1907 liter water 150 to 250 yuan / ton. Jinchuan nickel reported 800 yuan per ton of water higher than Wuxi 1907 contract. The plate is affected by the macro news last night, the price is strong, traders according to their own cargo situation quoted price differences, Russian nickel water than yesterday showed a reduction of about 50 yuan, Jinchuan nickel water down 100 yuan, the overall supply of Russian nickel and Jinchuan are more abundant, downstream take-goods mentality is cautious, market transactions are light. After the morning trading session, the market price has been reduced, the transaction has not seen a significant improvement. Jinchuan nickel still has a certain shipping pressure, Jinchuan nickel ex-factory price of 100200 yuan / ton, the mainstream transaction in 100500 to 100750 yuan / ton.

[Jinchuan company ex-factory price] Jinchuan company electrolytic nickel (big plate) Shanghai quotation 100200 yuan / ton, barreled small pieces 101400 yuan / ton, up 700 yuan / ton from yesterday.

Nickel pig iron, nickel ore

SMM June 18: according to SMM research, the inquiry price of high nickel iron in a steel mill in the south this week is 950 yuan to 960 yuan / nickel point, and the actual transaction price is 960 yuan / nickel point, which is 10 yuan / nickel point higher than the inquiry price, and the transaction is active. The actual transaction price is 960 yuan / nickel point, the actual transaction price is 960 yuan / nickel point, the actual transaction price is 960 yuan / nickel point, the actual transaction price is 960 yuan / nickel point, the actual transaction price is 960 yuan / nickel point.

Stainless steel, waste stainless steel

SMM6 18: Wuxi Jiugang quoted price this week (6.18 to 6.24): 304cold rolling cutting base price of 14300 yuan / ton, month-on-month flat; 430cold rolling base price of 8000 yuan / ton, month-on-month flat. The above quotations are all true.

Details of the prices of other stainless steel plants this week: weekly prices of some stainless steel plants (6.18 to 6.24) https://news.smm.cn/news/100939428

Weekly inventory statistics

[SMM pure nickel inventory statistics]

According to the SMM survey, total nickel stocks in Shanghai, including the previous warehouse receipt stocks, rose 4835 tons, or 8.5 per cent, from last week to 62000 tons. The specific changes are as follows: inventory in East China increased by 2000 tons to 28200 tons compared with last week, mainly due to good import profits in the near future. Bonded areas and long-term arrival goods have been declared to enter the mainland one after another. During the same period, the stocks of refined nickel in Shanghai Free Trade Zone (including Shanghai Tianwei, Ritzit, Lingang, Jiekai and Henry Bath) decreased by 3000 tons to 16900 tons compared with last week.

* subscribe to the SMM Ni-Cr stainless Steel routine report and receive the latest nickel inventory information every Friday. Contact: Zhu Junhui, 13917953839 (same WeChat).

[nickel Industry News focus]

[Xiangshui Defeng 1320mm (No. 3) direct rolling annealing pickling line installation project officially started] on June 14, Xiangshuifeng 1320 (No. 3) pickling line factory mill frame slowly rose, marking the Xiangshui Defeng Metal Materials Co., Ltd. 1320 (3) direct rolling annealing pickling line installation project officially started. The main construction contents of the project include uncoiler, rolling mill, annealing furnace, phosphorus breaker, pill breaker, pickling section, coiler and supporting electrical, pipeline and other installation and commissioning work. Xiangshui Defeng Metal Materials Co., Ltd. is a 100% holding enterprise of Jiangsu Delong Ni Industry Co., Ltd., building three annealed pickling lines for supporting 2 million ton hot rolling projects, including one 1550mm annealed pickling line and two 1320mm annealed pickling lines. After all, the pickling capacity reached 2 million tons / year.

Scan QR code and apply to join SMM metal exchange group, please indicate company + name + main business

 

Today's nickel market (6.19) macro news to support the market nickel price strong South China plant actively release nickel pig iron procurement demand

Translation 02:05:07PM Jun 19, 2019 Source:SMM
The content below was translated by Tencent automatically for reference.

[June 19 SMM nickel product price]

* subscribe to the SMM Ni-Cr stainless Steel routine report and receive the latest information in the morning, noon and closing hours. Contact: Zhu Junhui, 13917953839 (same WeChat).

[June 19 SMM nickel market trends]

Electrolytic nickel

Spot: Russian nickel in the morning than Wuxi 1907 liter water 150 to 250 yuan / ton. Jinchuan nickel reported 800 yuan per ton of water higher than Wuxi 1907 contract. The plate is affected by the macro news last night, the price is strong, traders according to their own cargo situation quoted price differences, Russian nickel water than yesterday showed a reduction of about 50 yuan, Jinchuan nickel water down 100 yuan, the overall supply of Russian nickel and Jinchuan are more abundant, downstream take-goods mentality is cautious, market transactions are light. After the morning trading session, the market price has been reduced, the transaction has not seen a significant improvement. Jinchuan nickel still has a certain shipping pressure, Jinchuan nickel ex-factory price of 100200 yuan / ton, the mainstream transaction in 100500 to 100750 yuan / ton.

[Jinchuan company ex-factory price] Jinchuan company electrolytic nickel (big plate) Shanghai quotation 100200 yuan / ton, barreled small pieces 101400 yuan / ton, up 700 yuan / ton from yesterday.

Nickel pig iron, nickel ore

SMM June 18: according to SMM research, the inquiry price of high nickel iron in a steel mill in the south this week is 950 yuan to 960 yuan / nickel point, and the actual transaction price is 960 yuan / nickel point, which is 10 yuan / nickel point higher than the inquiry price, and the transaction is active. The actual transaction price is 960 yuan / nickel point, the actual transaction price is 960 yuan / nickel point, the actual transaction price is 960 yuan / nickel point, the actual transaction price is 960 yuan / nickel point, the actual transaction price is 960 yuan / nickel point.

Stainless steel, waste stainless steel

SMM6 18: Wuxi Jiugang quoted price this week (6.18 to 6.24): 304cold rolling cutting base price of 14300 yuan / ton, month-on-month flat; 430cold rolling base price of 8000 yuan / ton, month-on-month flat. The above quotations are all true.

Details of the prices of other stainless steel plants this week: weekly prices of some stainless steel plants (6.18 to 6.24) https://news.smm.cn/news/100939428

Weekly inventory statistics

[SMM pure nickel inventory statistics]

According to the SMM survey, total nickel stocks in Shanghai, including the previous warehouse receipt stocks, rose 4835 tons, or 8.5 per cent, from last week to 62000 tons. The specific changes are as follows: inventory in East China increased by 2000 tons to 28200 tons compared with last week, mainly due to good import profits in the near future. Bonded areas and long-term arrival goods have been declared to enter the mainland one after another. During the same period, the stocks of refined nickel in Shanghai Free Trade Zone (including Shanghai Tianwei, Ritzit, Lingang, Jiekai and Henry Bath) decreased by 3000 tons to 16900 tons compared with last week.

* subscribe to the SMM Ni-Cr stainless Steel routine report and receive the latest nickel inventory information every Friday. Contact: Zhu Junhui, 13917953839 (same WeChat).

[nickel Industry News focus]

[Xiangshui Defeng 1320mm (No. 3) direct rolling annealing pickling line installation project officially started] on June 14, Xiangshuifeng 1320 (No. 3) pickling line factory mill frame slowly rose, marking the Xiangshui Defeng Metal Materials Co., Ltd. 1320 (3) direct rolling annealing pickling line installation project officially started. The main construction contents of the project include uncoiler, rolling mill, annealing furnace, phosphorus breaker, pill breaker, pickling section, coiler and supporting electrical, pipeline and other installation and commissioning work. Xiangshui Defeng Metal Materials Co., Ltd. is a 100% holding enterprise of Jiangsu Delong Ni Industry Co., Ltd., building three annealed pickling lines for supporting 2 million ton hot rolling projects, including one 1550mm annealed pickling line and two 1320mm annealed pickling lines. After all, the pickling capacity reached 2 million tons / year.

Scan QR code and apply to join SMM metal exchange group, please indicate company + name + main business