Daily Review of stainless Steel in Foshan area on April 15, 2020

Publicado: Apr 15, 2020 11:58 (GMT+8)
Daily Review of stainless Steel in Foshan area on April 15, 2020

Foshan area stainless Steel Meridian Review] SMM April 15: today Foshan 300 series cold and hot rolling market quotation is affected by the steel mill rise and close, compared with yesterday's average price increase in the overall range of 100-250 yuan / ton, some traders said that part of the downstream just need to purchase orders actively, but also some terminal businesses have not been affected by the price increase and purchase in advance. In addition, the transaction atmosphere of individual steel models in Foshan area is better, the supporting steel price rises steadily, and the steel price and transaction in Foshan area are optimistic in the short term. In the quotation of steel products in Foshan today, the price of the state-owned 304 2B trimming roll is 100 yuan / ton higher than yesterday's average price at 13100-13400 yuan / ton. The private 3042B rough edge roll price is 250 yuan / ton higher than yesterday's average price at 12600-12800 yuan / ton. 304 / NO. 1 5ft quotation is 150 yuan / ton higher than yesterday's quotation at 12000-12300 yuan / ton, and the 10:30 SHFE SS2006 contract price is 12980 yuan / ton. Foshan stainless steel spot water-210 yuan / ton. (spot trimming = rough edges + 170).

 

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Daily Review of stainless Steel in Foshan area on April 15, 2020 - Shanghai Metals Market (SMM)