Daily Review of stainless Steel in Foshan area on April 28, 2020

Published: Apr 28, 2020 14:50
Daily Review of stainless Steel in Foshan area on April 28, 2020

Foshan stainless Steel Daily Review] SMM April 28: central China's steel market at the end of the month transaction performance is general, steel prices although there is a small pullback of 50 yuan / ton, but the steel factory guidance price is temporarily stable, so the market price sentiment has not decreased, but some end markets have fixed orders, the willingness to purchase before the festival is not strong, the late steel prices are mainly wait-and-see, short-term steel prices are temporarily stable operation. Foshan area steel quotation, the state-owned 304 2B trimming volume price is more stable than yesterday's average price at 13500-13700 yuan / ton, private 3042B rough edge volume price is more stable than yesterday's average price at 1295013150 yuan / ton, 304 / NO. 1 five feet quotation is more stable than yesterday's quotation at 12600-12800 yuan / ton, the 10:30 SHFE SS2006 contract selling price 12795 yuan / ton, Foshan stainless steel spot water 325-525 yuan / ton. (spot trimming = rough edges + 170).

 

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Daily Review of stainless Steel in Foshan area on April 28, 2020 - Shanghai Metals Market (SMM)