Daily Review of stainless Steel in Foshan area on April 20, 2020

Published: Apr 20, 2020 11:40
Daily Review of stainless Steel in Foshan area on April 20, 2020

Foshan area stainless steel noon review] SMM April 20: early Zhou Foshan 200series and 300series cold rolling series once again slightly increased by 50 yuan / ton, last week the terminal take goods more actively, the market to the warehouse is obvious, but some operators said that this week the actual transaction situation may slow down, short-term steel prices are expected to run smoothly as a whole. In the quotation of steel products in Foshan on Monday, the price of the state-owned 304 2B trimming volume was 13200-13500 yuan / ton more stable than yesterday's average price, while the private 3042B rough edge roll price was the same as yesterday's average price of 12800-12900 yuan / ton. The 304 / NO. 1 five-foot quotation was stable at 12400-12600 yuan / ton, the 10:30 SHFE SS2006 contract selling price was 13260 yuan / ton, and Foshan stainless steel spot posted 290-190 yuan / ton. (spot trimming = rough edges + 170).

 

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