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[SMM spot Information] Daily Review of stainless Steel in Wuxi area on April 9, 2020
Apr 9,2020 12:21CST
translation
Source:SMM
The content below was translated by Tencent automatically for reference.

SMM4, 9 May:

Today, the average price of 304 private cold and hot rolling in Wuxi area is quoted at 11850 yuan / ton, 3042B rough edge roll price is 12100-12400 yuan / ton, and the state-owned 304 2B cutting edge roll price is 12800-13200 yuan / ton, with an average price reduction of 100 yuan / ton. The average price of 304 private cold and hot rolling in Wuxi area is 11850 yuan / ton, 3042B rough edge roll price is 12100-12400 yuan / ton, and the state-run 304 2B trimming roll price is 12800-13200 yuan / ton. 201 after cold rolling, the price was reduced by 100 yuan / ton, quoted at 6900-7100 yuan / ton.

The 300 series stainless steel market transaction situation is general, the hot rolling has the partial specification supply is on the low side, the price is stronger. 200Series stainless steel due to a large supply, weak market demand, price pressure down, 201/J1 four feet of East China futures price quoted at 6650 yuan / ton, the actual transaction may still have a concession.

For 10:30 SHFE SS2006 contract price 12235 yuan / ton, Wuxi stainless steel spot water 35-335 yuan / ton. (spot trimming = rough edges + 170 yuan / ton)

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