Hot rolling prices rise up, market trading needs to be improved

In June 30th the Foshan market news, morning Tsingshan agent 304 Stainless Steel narrow band offer 12700 Yuan/ton, compared with yesterday’s price up 200 Yuan/ton. 

At present, the price of the market is 12600-12700Yuan/ton. There are still some companies closed to deal to review the prices, because of the lack of stocks.

In addition, the mainstream price of the other 304 4 feet hot rolling sheet was 12600-13000 Yuan/ton, Chengde quoted 12900 Yuan/ton.

During the day, the overall trading volume needs to be improved, while the downstream still purchase mainly for the stock products, and the futures orders are more cautious.

Keyword: 304 Stainless Steel, stainless steel market, stainless steel hot roll.