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[SMM May 13 stainless Steel spot] Wuxi stainless Steel Market quotation stable small drop Foshan 200 Series spot small homeopathy
May 13,2020 13:14CST
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Source:SMM
The content below was translated by Tencent automatically for reference.

SMM5, 13 March:

Wuxi stainless steel: today, Wuxi stainless steel market quotation stable small and medium-sized down, 304 2B rough edge roll price quotation range 13600-13900 yuan / ton, the average price is slightly lower than yesterday by 50 yuan / ton; 304 2B cutting edge roll price is 1375014050 yuan / ton, the price is stable; 304/NO.1 13200-13500 yuan / ton, a small reduction of 50 yuan / ton. This morning, Qingshan Steel Plant announced a new offer price of 12900 yuan / ton for hot rolled narrow strip, which is 300 yuan / ton higher than the last offer price in July. According to traders, this week steel mills in May orders have arrived one after another, but not a large number of concentrated to the market, the current market circulation of goods is not much. Today, individual traders slightly lower prices due to the recent transaction atmosphere is slightly light, price adjustment to explore the market, in case a large number of late arrival price pressure is too great. For 10:30 SHFE SS2007 contract price 13370 yuan / ton, Wuxi stainless steel spot water 400-700 yuan / ton. (spot trimming = rough edges + 170 yuan / ton)

(Wuxi area raised the discount range at 10:30 on the same day)

Foshan stainless steel: yesterday, 200 series stainless steel by mainstream steel mills raised the market price, today Foshan 200 series stainless steel spot overall homeopathic rise-50100 yuan / ton, but 300 series cold and hot rolling today as a whole stable and weak, downstream high price is not strong, the transaction atmosphere has a partial trend compared with the previous period, so some businesses choose the actual transaction callback 100 yuan / 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).

(Foshan area raised the discount range at 10:30 on the same day)

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