[SMM November 27 scrap stainless steel spot] stainless steel scrap prices are generally stable and it is expected that the market will operate weakly and steadily in the later stage.

Published: Nov 27, 2019 14:05

SMM11, March 27: today, the price of stainless steel waste is generally stable, 304 waste stainless steel price quoted 9750-9950 yuan / ton, 201 waste price quoted 38503950 yuan / ton, 430 waste price quoted 3500-3600 yuan / ton, the price is the same as yesterday.

This week, the price of scrap stainless steel is weak and stable, and the price of stainless steel finished products is also stable this week after falling in the early stage. Today, Wuxi stainless steel 304 cold rolled rough edge roll price is quoted at 14900-15000 yuan / ton, 304 hot looking volume price is quoted at 14000-14100 yuan / ton.

Some traders said that the sale of stainless steel products is now in the off-season period, the market transaction atmosphere is light, coupled with the stainless steel plant in the end of the year for routine maintenance, stainless steel raw materials such as nickel pig iron and waste prices are difficult to strengthen, it is expected that the later stainless steel waste market will be weak and stable operation.

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