[stainless steel market in Wuxi and Foshan] Price stability, medium and small adjustment transaction is general.

On Sept. 11, the price of stainless steel 201 cold rolled edge coil in Wuxi market was flat at 8150 yuan / ton, unchanged; the price of state 304 / 2B trimmed coil was raised by 50 to 15950 yuan / ton; the price of private 304 / 2B rough edge coil was flat at 15600 yuan / ton compared with yesterday; the price of 304 / NO. 1 five foot coil was 50 yuan higher than that of yesterday, 14750 yuan / ton; the price of 430cold rolled trimmed coil was 8100 yuan / ton, with no price adjustment for the time being.

(photo: 304 2B rough edge roll price in Wuxi area)

On September 11, Foshan market stainless steel 201 cold rolled rough edge coil price quoted 7900 yuan / ton, reduced by 50 yuan / ton; state-run 304 2B cut edge roll price reduced by 7900 yuan to 15800 yuan / ton; private 304 2B rough edge roll price also reduced by 100 yuan to 15200 yuan / ton; 304 / NO. 1 5 feet to 14800 yuan / ton, there is no rise or fall today.

(photo: price of 304 / 2B rough edge rolls in Foshan area)

According to SMM understanding, Wuxi, Foshan two 304cold rolling prices have a small rise of 50 / 100 yuan / ton, according to some traders, 300 series stainless steel prices will follow the changes in nickel prices and the corresponding rise and fall, there is a strong price in the market, but the other part is also subject to the demand for goods downstream, so this afternoon, the low transaction is OK, the high transaction is more difficult.

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