Home / Metal News / Nickel / [SMM spot Information] Daily Review of stainless Steel in Wuxi area on April 22, 2020
[SMM spot Information] Daily Review of stainless Steel in Wuxi area on April 22, 2020
Apr 22,2020 12:08CST
translation
Source:SMM
The content below was translated by Tencent automatically for reference.

SMM4, 22nd:

[April 22, Wuxi stainless Steel Daily Review] SMM: today, the price of 304 stainless steel cold and hot rolling in Wuxi is weak and stable. 304 cold rolling quotation range 13100-13300 yuan / ton, 304 hot rolling is quoted at 12800-13000 yuan / ton.

The trading situation this week is weaker than last week, and the price of stainless steel disk fell yesterday, and some businesses have cut prices slightly today. Some traders said that transaction weakness, on the one hand, due to the early downstream replenishment demand released after the current procurement enthusiasm decline; on the other hand, stainless steel prices have now risen to recent highs, some traders hold a wait-and-see attitude.

For 10:30 SHFE SS2006 contract price 12990 yuan / ton, Wuxi stainless steel spot water 280-480 yuan / ton. (spot trimming = rough edges + 170 yuan / ton)

[for more information, please subscribe to SMM Nickel Research Group products "China Nickel Chromium stainless Steel Industry chain General report" and "China Nickel Chrome stainless Steel Industry chain High end report" to obtain the latest nickel mine, nickel pig iron (China + Indonesia), electrolytic nickel, nickel sulfate, chromium ore, ferrochromium, stainless steel (China + Indonesia) related data analysis and market analysis! For ordering and trial reading, please call 021-5166 6817 QQ: 2880505562, contact: Li Chuntian]

     
 (上海有 色 网  李春田 TEL:021-5166 6817 QQ :2880505562)

Shanghai Nickel spot
Nickel Price
trend Forecast
SMM Review
Daily Review
Shanghai Nickel Market Review
Nickel
stainless Steel
Futures

For queries, please contact Frank LIU at liuxiaolei@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news