SMM7, March 1:
Stainless steel in Wuxi area: today, the spot price of stainless steel in Wuxi area is generally flat, 304 cold rolling reported 13300 won 13500 yuan / ton; hot rolling newspaper range 12850 Mel 12950 yuan / 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)
Foshan stainless steel: in early July, Foshan 304 hot rolling mill began to slightly increase 50 yuan / ton, of which Delong, Dongte hot rolling market prices have increased shipments, but the actual transaction atmosphere is general, according to some traders said that there is still room for bargaining downstream, short-term stable operation of steel prices. Foshan area steel quotation, the state-owned 304Universe 2B trimming curling price than yesterday's average price stable at 14000won 14200 / ton, private 304Universe 2B rough edge curl than yesterday's average price stable at 13,250rel 13450 yuan / ton, 304 / NO. 1 five-foot quotation is the same as Monday's average price at 12800tel 12900 yuan / ton, to 10:30 SHFE SS2008 contract selling price 13115 yuan / ton, Foshan stainless steel spot water 355 color 555 yuan / ton. (spot trimming = rough edge + 170).
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