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Daily Review of stainless Steel in Foshan area on May 7, 2020
May 7,2020 14:10CST
translation
Source:SMM
Daily Review of stainless Steel in Foshan area on May 7, 2020
The content below was translated by Tencent automatically for reference.

[Foshan stainless steel afternoon review] SMM May 7th: today, except for the overall stability and weakness of 400 series steel prices in Foshan, the prices of 200 series and 300 series cold and hot rolled steel are gradually moved up by post-festival steel mill futures. The increase in the cost of raw materials in the market and the effect of taking goods to the warehouse before the downstream festival have been significantly improved, so many merchants said that in the short term, the release of downstream demand is still the main performance, and the other 200 series cold and hot rolling increases are not significant. Some businesses have indicated that they will give priority to flexible pricing and shipment. Today's Foshan area steel market quotation situation, of which the state-owned 304x2B trimming crimping price is 50 yuan / ton higher than yesterday's average price at 13550 NO. 13750 yuan / ton, the private 304lemmer 2B rough edge crimping price is significantly higher than yesterday's 200 yuan / ton at 13250mo 13350 yuan / ton, 304 / NO. 1 five-foot quotation is significantly higher than the pre-festival price of 250 yuan / ton at 1290013000 yuan / ton, for 10:30 SHFE SS2007 contract buyers 13205 yuan / ton, the price is significantly higher than the pre-festival price of 250 yuan / ton at 1290013000 yuan / ton, and 13205 yuan / ton for the buyer of the SHFE SS2007 contract at 1290013000 yuan / ton. Foshan stainless steel spot water 215315 yuan / ton. (spot trimming = rough edges + 170).

Daily Review
Foshan area
stainless steel

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