[SMM spot information] the spot quotation of stainless steel in Wuxi is stable and the transaction performance is mediocre.

Published: Jul 9, 2020 12:11

SMM7 March 9:

[daily Review of stainless Steel in Wuxi area on July 09] Today, spot prices of stainless steel in Wuxi area are generally flat, with 304 cold rolling reported 13450 Mill 13650 yuan / ton and 304 hot rolling reported 12900 Mir 13,000 yuan / ton.

Traders reflect that the mainstream specifications of the market are still not much at present, and the price is firm. But the performance of the transaction is general, after the arrival of steel mills, depending on their own inventory and willingness to ship, the price may fluctuate slightly, but the range will not be too large.

Today, SHFE 10: 30 SS2009 contract price 13530 yuan / ton, Wuxi stainless steel spot water 90mur290 yuan / ton. (spot trimming = rough edge + 170 yuan / ton)

 

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[SMM spot information] the spot quotation of stainless steel in Wuxi is stable and the transaction performance is mediocre. - Shanghai Metals Market (SMM)