Home / Metal News / 不锈钢 / [SMM October 25 stainless Steel spot] Cold and Hot Rolling Price in Wuxi area generally reported flat transaction light downstream wait and see
[SMM October 25 stainless Steel spot] Cold and Hot Rolling Price in Wuxi area generally reported flat transaction light downstream wait and see
Oct 25,2019 11:06CST
translation
Source:SMM
The content below was translated by Tencent automatically for reference.

SMM10, 24th:

Foshan stainless steel spot: in the morning Foshan stainless steel market state 3042B edge cutting volume price is flat compared with yesterday's market price at 15950 yuan / ton; private 3042B rough edge roll price increased by 15950 yuan / ton compared with yesterday's average price; today's 304 / NO. 1 five-foot roll price is stable at 15100 yuan / ton compared with yesterday's average price. Today morning Foshan hot rolling market quotation is more stable than yesterday's average price, private 304 cold rolling rough edge has a small correction, some businesses said that the current market transactions have gradually improved, the late market price wait and see more. For 10:30 SHFE ss2002 contract selling price 14890 yuan / ton, Foshan stainless steel spot water 530-730 yuan / ton (spot edge cutting = rough edge + 170 yuan / ton)

Wuxi area stainless steel news: this morning Wuxi area quotation: state 3042B cutting edge volume price 1605016250 yuan / ton, private 3042B rough edge volume price 15800-15900 yuan / ton. 304 / NO. 1 five feet at 14950-15050 yuan / ton. In the morning market, the cold and hot rolling prices are generally flat, the merchants offer high prices, the transaction is light, and the downstream is more wait-and-see. For 10:30 SHFE SS2002 contract selling price 14890 yuan / ton, Wuxi stainless steel spot water 610-880 yuan / ton, water narrow (spot edge cutting = rough edge + 170 yuan / ton)

"Click to sign up for a thousand people event in China's non-ferrous metals industry.

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

 

Stainless steel
nickel
steel
production capacity

For queries, please contact Frank LIU at liuxiaolei@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news