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SunSirs:Price of Stainless Steel Plate Fell Slightly
January 07 2020 13:59:01SunSirs(Molly)

According to the price monitoring of SunSirs of stainless steel plate, the price of stainless steel on January 6 was $1908.51/ton, down 0.13% from the previous day and 1.81% year on year.

Recently, stainless steel market operates weak and stability. On Friday, nickel closed down sharply at $13,775, down 3.72%. Ningbo Baoxin factory in January 2020 (all including tax price) notice the price: 304 cold rolled $2156.51/ton, compared with the previous month in December 2019 down $71.88/ton; 430 cold rolled $1416.10 /ton, down $14.38 /ton from December 2019. Market: towards the end of the Chinese new year, demand has been sharply reduced, transactions have slowed; The rigid customer has prepared the goods in advance.

Future forecast: before the Chinese year, the stainless steel is difficult to have big fluctuations. Demand is limited and the deal is slowing down. A t present, most of the merchants focus on active delivery and processors mainly to the delivery of orders. In the short-term, the stainless steel is expected to be inclined to the main finishing operation.

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