SMM7 March 17:
[July 17 Wuxi stainless Steel Daily Review] Today, the spot price of stainless steel in Wuxi is mainly flat, and the price of cold rolling has been slightly reduced by 50 yuan / ton by individual traders. The coiling price range is 13,500, 13700 yuan / ton, and 304 hot rolling is 13000, 13000, 13100 yuan / ton, which is the same as yesterday's offer.
The spot market of stainless steel continues the state of low supply and weak transaction, and the price is running steadily this week. According to traders, at present, the supply of cold-rolled sheet below 1.0mm is tight, the quotation is higher than the average level of the market, the hot rolling is in normal condition, and the overall transaction in the market is weak.
Today, SHFE10 point 30 SS2009 contract price is 13465 yuan / ton, Wuxi stainless steel spot water 205mi 405 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）
2020 China Ni-Cr stainless Steel Industry Market and Application Development Forum
Scan the QR code, apply for participation or join the SMM metal exchange group