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[SMM July 2 stainless steel spot] the spot price of stainless steel in Wuxi is stable and the price of cold and hot rolled steel in Foshan maintains stable operation.
Jul 2,2020 13:47CST
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Source:SMM
The content below was translated by Tencent automatically for reference.

SMM7, March 2:

Wuxi stainless steel daily review: today, the spot price of stainless steel in Wuxi is mainly stable, but some brands have adjusted slightly. 304 cold rolling reported 13300 Mel 13600 yuan / ton, the average price increased 50 yuan / ton, and the hot rolling newspaper range 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)

Foshan stainless steel daily review: today, the prices of cold and hot rolled steel of all departments in Foshan basically maintain a stable operation compared with yesterday. At the beginning of the month, traders reflect that the purchasing demand downstream is slightly general in July, and the bargaining space is limited when purchasing is just needed. Affected by the guidance prices of various departments of steel mills, the price of stainless steel in South China has been adjusted steadily and slightly in the short term. 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 13,250ly13450 yuan / ton, 304 / NO. 1 five-foot quotation is unchanged at 12800benefit 12900 yuan / ton, to 10:30 SHFE SS2008 contract selling price 13240 yuan / ton, Foshan stainless steel spot water 230fringe 430 yuan / ton. (spot trimming = rough edge + 170).

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