SMM7 March 13:
[stainless Steel Daily Review in Wuxi area on July 13] Today, the price of stainless steel cold rolling in Wuxi area was flat, 304 cold rolling was reported at 13450 RMB13650 / ton, and the quotation for 304 hot rolling today was 50 yuan / ton higher than that of last Friday. Merchants said that it was a normal adjustment, at 12950 Mel 13050 yuan / ton.
At present, the spot price of stainless steel is stable as a whole, and the price of stainless steel futures contract and the price of nickel have increased slightly in the early stage, but at present, when the demand is weak, the price is still stable.
The price of stainless steel futures contract is stronger today, which is slightly higher than the spot price.
Today, SHFE 10: 30 SS2009 contract price 13650 yuan / ton, Wuxi stainless steel spot Shengshui-30mur170 yuan / ton. (spot trimming = rough edge + 170 yuan / ton)
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