[SMM spot information] the spot price in Wuxi is stable and the transaction atmosphere is weak.

SMM7, March 1:

[July 01 stainless Steel Daily Review in Wuxi area] Today, the spot price of stainless steel in Wuxi area is generally flat, with 304 cold rolling at 13,300 RMB13,500 yuan per ton and hot rolling newspaper range at 12850 RMB12,950 yuan per ton.

Traders generally reflect that due to the influence of the traditional off-season, the current trading atmosphere in the stainless steel market is general. Qingshan Steel works this week opened the August futures price, the futures order is not active, at the beginning of the month, traders hold a wait-and-see mentality.

Today, SHFE 10: 30 SS2008 contract price 13115 yuan / ton, Wuxi stainless steel spot water 355mur555 yuan / ton. (spot trimming = rough edge + 170 yuan / ton)

For more information, please subscribe to SMM Nickel Research Group products "China Ni-Cr stainless Steel Industry chain routine report" and "China Ni-Cr stainless Steel Industry chain High-end report" to get the latest data analysis and market analysis of nickel ore, nickel pig iron (China + Indonesia), electrolytic nickel, nickel sulfate, chromium ore, ferrochrome and stainless steel (China + Indonesia). For order and trial, please call 021 tel 5166 6817 QQ: 2880 505562, contact: Li Chuntian]

     
 （上海有 色 网  李春田 TEL：021-5166 6817 QQ ：2880505562）