SMM7 March 22:
[Wuxi stainless steel afternoon review] Today, the spot price of stainless steel in Wuxi is mainly flat, with 304 cold rolling coiling price range of 13500 RMB13700 / ton and 304 hot rolling price of 13000Mel 13100 yuan / ton. 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)
[Foshan stainless steel afternoon review] Today, the steel prices of all series in Foshan area have maintained stable operation as a whole, and most of the merchants have made profits at the end of the month, but the actual transaction reflection in the market is not optimistic. Supported by the steel mill guidance price in the later stage, the 300 series cold and hot rolling market price may be in stable operation. Foshan area steel quotation, the state-owned 304Universe 2B trimming curling price than yesterday's average price stable at 14,200 million / 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 is unchanged at 12950 arm 13150 yuan / ton, to 10:30 SHFE SS2009 contract selling price 13595 yuan / ton, Foshan stainless steel spot water 25,225 yuan / ton. (spot trimming = rough edge + 170).
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