SMM, 22 Oct:
The price of Dongfang Special Steel has been reduced to a certain extent this week, with a general reduction of 200 yuan / ton, of which 4-12mm white leather roll is quoted at 15900 yuan / ton.
The 4-12mm of 304L hot rolled coil is quoted at 16050 yuan / ton, which is 200 yuan / ton lower than that of last week, and the thickness of 4-12mm of 316L hot rolled white leather coil is 23000 yuan / ton, and the price is reduced by 200yuan / ton.
4-10mm of 310s hot rolled coil was quoted at 34500 yuan / ton, which was 100 yuan / ton lower than that of last week.
309S hot rolled white leather coil down by 800 yuan / ton, 23700 yuan / ton compared with last week.
At present, Wuxi, Foshan stainless steel market demand is weak. Some operators in Foshan said that the current demand for stainless steel downstream is not good, the overall demand release is less, while inventory remains high, the current stainless steel market has a downward trend of shipment, and market participants expect stainless steel prices to continue to operate weakly in the later stage.
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