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Home / Metal News / May 6 SMM stainless steel spot price: 304 2B rolls-rough edge (Wuxi) average price up 50 yuan / ton

May 6 SMM stainless steel spot price: 304 2B rolls-rough edge (Wuxi) average price up 50 yuan / ton

May 6, 2020 11:04

Source:SMM

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Baosteel Desheng High-quality Stainless Steel Green Industry Base Project - Steel Capacity Replacement Project is located in Jin’gang Industrial Zone, Luoyuanwan Development Zone, Luoyuan County, Fuzhou City.

Feb 9, 2022 15:25

Industry

Baosteel to Expand Steel Production Capacity by 3.22 Million mt/year

SMM Morning Comments (Oct 11): Base Metals Rose across the Board on Low Employment Data

Shanghai base metals all trended higher on Monday morning boosted by the unexpectedly low US employment data. Meanwhile, their counterparts on LME trended mixed.

Oct 11, 2021 09:59

SMM Comments

SMM Morning Comments (Oct 11): Base Metals Rose across the Board on Low Employment Data

SMM Evening Comments (Oct 8): Shanghai Nonferrous Metals Closed with Gains amid Mitigated US Debt Risks

Shanghai nonferrous metals closed all in the positive territory as the US debt risks have been contemporarily mitigated.

Oct 8, 2021 19:00

SMM Comments

SMM Evening Comments (Oct 8): Shanghai Nonferrous Metals Closed with Gains amid Mitigated US Debt Risks

One Steel Mill in Guangxi to Cut Hot-Rolled Coil Output by 30% amid Dual Energy Consumption Control

Affected by the dual control of energy consumption and the power rationing policy, a steel mill in Guangxi will reduce its hot rolled coil output by about 30% in October, and the same proportion of customer orders for the month will be adjusted.

Sep 28, 2021 13:56

Analysis

One Steel Mill in Guangxi to Cut Hot-Rolled Coil Output by 30% amid Dual Energy Consumption Control

SMM Morning Comments (Sep 15): Base Metals Fell across the Board against Peaking Inflation

Shanghai base metal basically trended lower on Wednesday morning against the lower-than-expected US CPI increase in August. Meanwhile, their counterparts on LME mostly cruised higher.

Sep 15, 2021 10:00

SMM Comments

SMM Morning Comments (Sep 15): Base Metals Fell across the Board against Peaking Inflation

Import Window Remained Open to Drive Continued Declines in Pure Nickel Inventory from Bonded Zones

According to SMM survey, import profits rose as the SHFE/LME nickel price ratio advanced this week. In addition, traders that had locked in the SHFE/LME price ratio last week moved goods into the domestic market for delivery.

Sep 10, 2021 17:01

Analysis

Import Window Remained Open to Drive Continued Declines in Pure Nickel Inventory from Bonded Zones

SMM Morning Comments (Sep 8): Most SHFE Base Metals Ended Lower as US Dollar Rebounded for Two Consecutive Days

Shanghai base metals mostly fell in the evening trading on Tuesday as the US dollar index rebounded for two consecutive days.

Sep 8, 2021 09:56

SMM Comments

SMM Morning Comments (Sep 8): Most SHFE Base Metals Ended Lower as US Dollar Rebounded for Two Consecutive Days

General Administration of Customs: China’s Rare Earth Exports Surged 140%, Copper Imports Fell 41.07% YoY in Aug

China's import volume of unwrought copper and copper semis in August were 393,900 mt, a year-on-year decrease of 41.07%, and a month-on-month decrease of 7.2%. The imports from January to August were 3.61 million mt, a year-on-year decrease of 15.4%.

Sep 7, 2021 14:42

Analysis

General Administration of Customs: China’s Rare Earth Exports Surged 140%, Copper Imports Fell 41.07% YoY in Aug

Steel News Roundup （Sep 6）

This is a roundup of news in the steel industry for last week.

Sep 6, 2021 11:19

Industry

Philippine Nickel Output Surged 39% and Copper Output Plummeted 24% YoY

The latest data released by the Philippine Bureau of Mines and Geological Sciences show that in the first half of 2021, the Philippines produced a total of 151,646 mt of nickel, up 39% on the year, valued 21.42 billion pesos.

Sep 3, 2021 17:28

Analysis

Philippine Nickel Output Surged 39% and Copper Output Plummeted 24% YoY

SMM Events & Webinars

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Oct
09
- NET ZERO EUROPE - Solar & Energy Storage Summit
  Oct 09 - 10,2024
  THE EGG BRUSSELS, BELGIUM
Oct
08
- 2nd Li-ion Battery Europe 2024
  Oct 08 - 10,2024
  THE EGG BRUSSELS, BELGIUM
Jun
24
- 2024 Global Renewable Metal Industry Chain Summit
  Jun 24 - 25,2024
  To foster international cooperation and dialogue among industry colleagues
  Kuala Lumpur , Malaysia

May 6 SMM stainless steel spot price: 304 2B rolls-rough edge (Wuxi) average price up 50 yuan / ton

SMM Events & Webinars

NET ZERO EUROPE - Solar & Energy Storage Summit

2nd Li-ion Battery Europe 2024

2024 Global Renewable Metal Industry Chain Summit