Daily Review of stainless Steel in Foshan area on April 22, 2020

Published: Apr 22, 2020 12:04
Daily Review of stainless Steel in Foshan area on April 22, 2020

[Foshan stainless Steel Daily Review] SMM April 22: according to Foshan stainless steel traders said that recently the actual atmosphere of receiving orders as a whole has been gentle than last week, but 200series and 300series steel prices did not decline, the lower reaches of the terminal is still scattered order inquiry, so many businesses will actively receive orders during the market steel price increase, it is expected that there will be a small increase in the short-term steel price trend. In the quotation of steel products in Foshan area, the price of the state-owned 304 2B trimming roll is slightly higher than yesterday's average price by 50 yuan / ton at 13500-13700 yuan / ton, and the private 3042B rough edge roll price is up 50 yuan / ton compared with yesterday's 13100-13200 yuan / ton. 304 / NO. 1 5ft quotation is 50 yuan / ton higher than yesterday's quotation at 12700-12900 yuan / ton, and the 10:30 SHFE SS2006 contract price is 12990 yuan / ton. Foshan stainless steel spot water 280380 yuan / ton. (spot trimming = rough edges + 170).

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