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[SMM spot Information] May 19, 2020 Foshan stainless Steel Daily Review
May 19,2020 11:50CST
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Source:SMM
The content below was translated by Tencent automatically for reference.

[Foshan stainless Steel Daily Review] SMM May 19: although some private steel mills have raised some of their prices recently, there has been no obvious increase in the price of spot resources in the stainless steel market in South China, and the demand for goods downstream is not much, and most of the merchants in the market are in the early stage, but when they just need a deal, they choose to negotiate flexibly, giving priority to profit delivery, and steel prices are expected to fluctuate steadily and fluctuate in the short term. Foshan area steel quotation, the state-owned 304Universe 2B trimming crimping price stable at 14000lue 14300 yuan / ton compared to yesterday's average price, private 304x2b rough edge crimping price than yesterday's average price increased by 150yuan / ton at 13600 NO. 13800 yuan / ton, 304 / NO. 1 five-foot quotation was stable at 13,100benefit 13200 yuan / ton, to 10:30 SHFE SS2007 contract selling price 13555 yuan / ton, Foshan stainless steel spot water 215 RMB415 / ton. (spot trimming = rough edge + 170).

 

Daily Review
Foshan area
stainless steel

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