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[SMM spot Information] Daily Review of stainless Steel in Foshan area on May 15, 2020

iconMay 15, 2020 13:38
Source:SMM
Daily Review of stainless Steel in Foshan area on May 15, 2020

Foshan stainless Steel Daily Review, SMM May 15: Friday Foshan steel prices by steel factory guidance prices, remained stable compared with yesterday, but the second half of the week lack of market demand strong support, high price performance is weak, many businesses choose to reduce prices flexible delivery, callback range of 50,100 yuan / ton, short-term stainless steel in South China is expected to fluctuate mainly. Foshan area steel quotation, the state-owned 304 2B trimming volume price is stable at 14000-14300 yuan / ton compared with yesterday's average price, private 3042B rough edge roll price is lower than yesterday's average price of 1345013650 yuan / ton, 304 / NO. 1 five feet quote 50 yuan / ton lower than yesterday's quotation at 1310013200 yuan / ton, the 10:30 SHFE SS2007 contract price of 13315 yuan / ton, Foshan stainless steel spot water 305505 yuan / ton (spot trimming = rough edges + 170).

 

Daily Review
Foshan area
stainless steel

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