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Stainless steel plate Stainless steel plate News
Sunsirs: This week, stainless steel is mainly weak and stable (3.30-4.3)
April 07 2020 10:41:29SunSirs(Molly)

According to SunSirs price monitoring, as of the weekend, the average daily price of spot 304 / 2B stainless steel flat plate 1.0 * 1219 * 2438 (tolerance 0.91) is currently quoted at 11491.67 yuan / ton, which is flat compared with the beginning of the week and down 11.59% year-on-year.

This week, stainless steel prices were basically stable, and nickel prices fluctuated within a narrow range. At present, the ex-factory price of high-nickel iron is maintained at around 880-890 yuan / nickel, which is the same as yesterday. Recently, there have been fewer enquiries from downstream steel mills. However, due to the Philippine mine ban, the domestic nickel ore supply has begun to show signs of tightness. The high-nickel iron and iron mills offer strong prices, most of which are 880 yuan / nickel (including tax to the plant) and above. The price of Xinhai High Nickel Iron Factory is higher than 900 yuan / nickel (tax included in the factory). Some ferronickel factories said that at the current ore price, production has been lost. If nickel mining is difficult to mine later, production will be reduced in April, and ferronickel market support will strengthen in the short term.

Wuxi 201 and 304 remained stable, the market shipped mainly, and the atmosphere improved. Inquiries from downstream customers increased, merchants actively shipped and shipped, and trading volume improved. Dongfang Steel City's concentrated pick-up traffic is congested, and the market needs to actively respond. The short-term stainless steel market is still weak and stable.

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