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[SMM spot Information] stainless steel futures contract prices are slightly stronger and the spot market quotation performance remains stable.

iconJul 22, 2020 14:07
Source:SMM

SMM7 March 22:

[daily Review of stainless Steel in Wuxi area on July 22] Today, the spot price of stainless steel in Wuxi area is mainly flat, with the coil price range of 304 cold rolling and hot rolling reporting 13,500 and 13,100 yuan per ton, respectively. Today, the trading atmosphere of stainless steel market is OK. The futures prices of the previous period strengthened slightly, and some spot traders increased by 50 yuan / ton, but the overall trend is still holding the trend.

Today, SHFE10 point 30 SS2009 contract price is 13595 yuan / ton, Wuxi stainless steel spot water 75Me 275 yuan / ton. (spot trimming = rough edge + 170 yuan / ton)

 

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