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[SMM July 21 stainless steel spot] Wuxi stainless steel market today generally shows that the trading atmosphere of all series of steel in Foshan is relatively calm.
Jul 21,2020 13:12CST
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Source:SMM
The content below was translated by Tencent automatically for reference.

SMM7 March 21:

Wuxi stainless steel: today's stainless steel market performance is general, the price is flat, yesterday's deal is OK, two days after the weekend, part of the replenishment, pick up the goods. According to traders' response, rainy days will have some impact on stainless steel transportation, spots will be formed on the surface drenched by rain, and delivery of goods with higher requirements on the surface will be restricted. The price range of cold rolling price is 13500 Mel 13700 yuan / ton, and 304 hot rolling price 13000Mel 13100 yuan / ton, which is the same as yesterday's market average price. Today, SHFE10 point 30 SS2009 contract price 13480 yuan / ton, Wuxi stainless steel spot water 190mur390 yuan / ton. (spot trimming = rough edge + 170 yuan / ton)

Foshan stainless steel: today, the overall trading atmosphere of steel in Foshan is calm, the wait-and-see mood increases, and there is more room for bargaining at the downstream terminal, but the individual specifications of the actual transaction preference remain high. in addition, there are new shipments of 304 hot rolling in the market, and it is expected that the price of each series of steel will be stable and adjusted mainly in the short term. Foshan area steel quotation, the state-owned 304Universe 2B trimming curling price slightly lower than yesterday's average price of 50 yuan / ton at 14,200won 14400 yuan / ton, private 304Universe 2B rough edge curl than yesterday's average price stable at 13450 NO. 13650 yuan / ton, 304 / NO. 1 five-foot quotation was unchanged at 12950ly13150 yuan / ton, to 10:30 SHFE SS2009 contract selling price 13480 yuan / ton, Foshan stainless steel spot rising water 140340 yuan / ton. (spot trimming = rough edge + 170).

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