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[SMM spot Information] Daily Review of stainless Steel in Wuxi area on April 30, 2020
Apr 30,2020 12:04CST
translation
Source:SMM
The content below was translated by Tencent automatically for reference.

 

304/NO.1, April 30: today, the price of stainless steel in Wuxi is still quoted flat, with 3042B rough edge volume price of 1280013300 yuan / ton, 3042B state edge cutting price 1320013400 yuan / ton, SMM 12600-12900 yuan / ton and SMM 12600-12900 yuan / ton. The price of stainless steel in Wuxi area is still flat today, 304 2B rough edge volume price is 12800-13300 yuan / ton, 304 2B state edge cutting price is 13200-13400 yuan / ton.

May Day holiday is coming, the market enters the holiday state, the inquiry is rare, the transaction is insipid. Recently, the market reflects a tight supply of spot goods, but after the holiday, with the gradual arrival of orders in May, the volume will be supplemented to a certain extent, traders will mainly wait and see the follow-up market. The last stainless steel contract has been converted to the SS2007 contract, and the stainless steel contract still continues the back structure, the SS2007 contract is still weak shock.

For 10:30 SHFE SS2007 contract price 12810 yuan / ton, Wuxi stainless steel spot water 160-660 yuan / ton. (spot trimming = rough edges + 170 yuan / ton)

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