[spot information of SMM] the spot price of 304in Wuxi area remains stable and the new opening price of steel works is reduced by 100yuan / ton.

Published: Jul 2, 2020 13:37

SMM7, March 2:

[stainless Steel Daily Review of Wuxi area on July 02] Today, the spot price of stainless steel in Wuxi area remained stable, but some brands adjusted slightly. 304 cold rolling reported 13300 Mel 13600 yuan / ton, the average price increased by 50 yuan / ton, and the hot rolling newspaper range was 12850 Mel 12950 yuan / ton.

At present, stainless steel off-season reasons, the overall market turnover is weak, but the market supply is not much, the price is generally stable, with the steel mill price for a small adjustment, but the actual transaction is basically unchanged.

Today's Qingshan 201 cold rolling price update, sales guidance price: 201/j1 four-foot cold rolling 7150 yuan / ton, 201/j2 four-foot cold rolling 6800 yuan / ton, delivery in July, quantity to be approved. The price is 100 yuan / ton lower than last time.

Today, SHFE 10: 30 SS2008 contract price of 13240 yuan / ton, Wuxi stainless steel spot water 230 Murray 530 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)

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
【SMM Flash News】ESDM Minister Bahlil to Raise Nickel Benchmark Price (HPM) Following Presidential Mandate
11 hours ago
【SMM Flash News】ESDM Minister Bahlil to Raise Nickel Benchmark Price (HPM) Following Presidential Mandate
Read More
【SMM Flash News】ESDM Minister Bahlil to Raise Nickel Benchmark Price (HPM) Following Presidential Mandate
【SMM Flash News】ESDM Minister Bahlil to Raise Nickel Benchmark Price (HPM) Following Presidential Mandate
Energy and Mineral Resources (ESDM) Minister Bahlil Lahadalia announced plans to increase the nickel benchmark price (HPM) following a strategic meeting with President Prabowo Subianto. The adjustment aims to bolster state revenue and ensure a fairer return from national mineral assets. Bahlil emphasized that the move aligns with presidential instructions to prioritize national interests and maintain sustainable production levels. Additionally, the ministry is targeting accelerated downstreaming and energy self-sufficiency through optimized domestic potentials like ethanol and CPO-based biodiesel.
11 hours ago
【SMM快讯】印尼能源部长Bahlil将根据总统指示调高镍矿内贸基准价(HPM)
11 hours ago
【SMM快讯】印尼能源部长Bahlil将根据总统指示调高镍矿内贸基准价(HPM)
Read More
【SMM快讯】印尼能源部长Bahlil将根据总统指示调高镍矿内贸基准价(HPM)
【SMM快讯】印尼能源部长Bahlil将根据总统指示调高镍矿内贸基准价(HPM)
印尼能源与矿产资源部部长Bahlil Lahadalia宣布,在与总统普拉博沃会晤后,计划调高镍矿内贸基准价(HPM)。此举旨在增加矿产部门的国家收入,确保国家资源获得更公平的收益。Bahlil强调,调整价格是落实总统优先考虑国家利益并维持可持续产量的指示。此外,能源部还将重点推动下游化进程,并通过优化乙醇和棕榈油生物柴油等国内能源潜力,加速实现国家能源自给自足。
11 hours ago
【SMM Analysis】Weekly Review of Indonesian Nickel Market - Mar 27
Mar 27, 2026 23:55
【SMM Analysis】Weekly Review of Indonesian Nickel Market - Mar 27
Read More
【SMM Analysis】Weekly Review of Indonesian Nickel Market - Mar 27
【SMM Analysis】Weekly Review of Indonesian Nickel Market - Mar 27
Mar 27, 2026 23:55
[spot information of SMM] the spot price of 304in Wuxi area remains stable and the new opening price of steel works is reduced by 100yuan / ton. - Shanghai Metals Market (SMM)