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[SMM October 28 stainless steel spot]
Oct 28,2019 11:24CST
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Source:SMM
The content below was translated by Tencent automatically for reference.

SMM10, 28 March:

 

Foshan stainless steel: in the morning Foshan stainless steel market state 3042B trimming volume price is flat compared with last Friday at 15950 yuan / ton; private 3042B rough edge roll price is stable at 15650 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 last Friday's average price. This morning Foshan cold, hot rolling market quotation is more stable than last Friday's average price, some businesses said that the transaction small margin 50, the overall transaction atmosphere at the beginning of the week is calm. For 10:30 SHFE ss2002 contract selling price 14940 yuan / ton, Foshan stainless steel spot water 480-680 yuan / ton (spot edge cutting = rough edge + 170 yuan / ton)

Wuxi stainless steel: this morning Wuxi area quotation: state-owned 304 2B edge cutting volume price is 16000-16200 yuan / ton, private 304 2B rough edge roll price 15700-15900 yuan / ton. 304 / NO. 1 five feet at 14900-15000 yuan / ton. Morning market quotation is generally flat on Saturday, individual businesses cut prices to promote transactions, most of them are mainly high prices, the market atmosphere is light. For 10:30 SHFE SS2002 contract selling price 14940 yuan / ton, Wuxi stainless steel spot water 930-1130 yuan / ton. (spot trimming = rough edges + 170 yuan / ton)

 

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