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Daily Review of stainless Steel in Foshan area on April 8, 2020

iconApr 8, 2020 11:40
Source:SMM
Daily Review of stainless Steel in Foshan area on April 8, 2020

Foshan area stainless steel noon review] SMM April 8: today Foshan area each department steel price appears to lower 50-100 yuan / ton again, the downstream market picks up the goods not much, according to the trader to report after the festival signs the order atmosphere is not good, the short-term steel price goes down on the weak side, although some individual specification model shipment is better, but unable to support the overall steel price to rise again. On the first day after the festival, the quotation of steel products in Foshan area, the state-owned 304 2B trimming volume price is 50 yuan / ton lower than yesterday's average price at 13000-13300 yuan / ton, the private 3042B rough edge roll price is more stable than yesterday's average price at 12100-12400 yuan / ton, 304 / NO. 1 5ft quotation is 100 yuan / ton lower than yesterday's quotation in 11700-11900 yuan / ton, the 10:30 SHFE SS2006 contract price is 12070 yuan / ton, Foshan stainless steel spot water is 200-500 yuan. (spot trimming = rough edges + 170).

 

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