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Today's nickel market (7.12) nickel iron and steel burst 1000 nickel spot stainless steel transaction is still flat
Jul 12,2019 16:08CST
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Source:SMM
The content below was translated by Tencent automatically for reference.

[July 12 SMM nickel product price]

Electrolytic nickel

Spot: SMM 1 # electrolytic nickel 102800 to 1045500 yuan / ton. Russian nickel than Shanghai nickel 1908 discount 500-400 yuan / ton. Jinchuan nickel than Shanghai nickel 1908 contract generally reported a water rise of 1200 to 1300 yuan / ton. Early trading hours, Shanghai nickel around 103200 yuan / ton shock, nearly a small number of downstream cautious procurement, transactions continue to be light, mainly shipped by the holder, the buyer's market. In the second trading session, the price briefly rose and then fell back to 103200 yuan, the market reaction converged in the morning, downstream on-demand procurement, pure nickel costs increased, downstream procurement of other alternative raw materials as far as possible, pure nickel demand weakened. The ex-factory price of Jinchuan Company was quoted at 104000 yuan, an increase of 200 yuan per ton from yesterday, and the mainstream transaction was 102800 to 1045500 yuan per ton.

[Jinchuan company ex-factory price] Jinchuan company electrolytic nickel (big plate) Shanghai quotation 104000 yuan / ton, barreled small pieces 105200 yuan / ton, up 200 yuan / ton from yesterday.

Nickel pig iron

[southern a steel mill this week high nickel iron transaction price] SMM July 11 news: according to SMM research, a southern steel mill this week high nickel iron transaction price of 970 to 980 yuan / nickel point, to the plant including tax, flat inquiry and last week's price, of which the super single transaction price increased by 20 yuan / nickel point to 1000 yuan / nickel point.

Stainless steel, waste stainless steel

[SMM stainless steel plant guide price] Wuxi stainless steel plant guide price hot rolling generally increased by 50 to 100 yuan / ton https://news.smm.cn/news/100948977

[Wuxi area stainless steel transaction situation] SMM July 10 news: this morning stainless steel factory guidance price is generally flat. According to SMM research, the prices of state-owned 3042B edge cutting rolls in Wuxi market are 14400 14500 yuan / ton, private 3042B rough edge rolls 14100 14200 yuan / ton, Delong 304 / NO. Fifteen feet is 13600 to 13700 yuan per ton. Although the nickel price is strong today, but the actual demand for stainless steel downstream is weak, the overall transaction is light.

[SMM stainless Steel Plant Guide Price] North Sea Chengde Guide Price announced in August https://news.smm.cn/news/100948961

[SMM stainless steel plant guide price] Wuxi Taiyuan Iron and Steel Co., Ltd. Spot daily guide price https://news.smm.cn/news/100949063

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