[SMM spot Information] May 13, 2020 Foshan stainless Steel Daily Review

SMM, May 13 / PRNewswire-FirstCall-Asianet /-after yesterday's 200 series price increase by mainstream steel mills, the spot of 200series stainless steel in Foshan area today rose slightly with an increase of 50100 yuan / ton. However, the overall stability of 300 series hot and cold rolling today is weak, the downstream high price is not strong, and the transaction atmosphere is weaker than in the early days. Therefore, some businesses choose the actual transaction callback of 100yuan / ton active shipment. In the short term, it is expected that the steel price will fluctuate mainly in small and medium amplitude. Foshan area steel quotation, the state-owned 304 2B trimming volume price lower than yesterday's average price of 14000-14300 yuan / ton, private 3042B rough edge roll price lower than yesterday's average price of 1360013800 yuan / ton, 304 / NO. 1 five feet quote more steadily than yesterday quoted at 13200-13400 yuan / ton, the 10:30 SHFE SS2007 contract selling price of 13370 yuan / ton, Foshan stainless steel spot water 400600 yuan / ton. (spot trimming = rough edges + 170).