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[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.
Jul 2,2020 13:37CST
translation
Source:SMM
The content below was translated by Tencent automatically for reference.

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)


 

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