201 stainless steel again reverses

In July 10th the Foshan market news, with the volume of the good on last Saturday, 201 cold rolled stainless steel began to counter attack, price’s gone up suddenly.

This morning, LISCO, Hong Wang unified offer 8700 Yuan/ton, Chengde closed deal. Today 201 stainless steel cold rolled market, all prices are up 100-150 Yuan/ton, Hongwang、Chengde quotation is in the vicinity of 8850-8600 Yuan/ton, individual offers are 8650 Yuan/ton, Lianzhong market price 8550

The agency reflects that the price increase has a premonition. On the last Saturday, traders began to reflect that the transaction becomes much better, especially the purchase of Stainless steel sheet. The price of the coils is also not groundless, and the steel mills support the price level in a certain amount of confidence. The quoted price is 8500-8650 Yuan/ton, the price excluding tax is 7800-7850 Yuan/ton. I have to say that the price increase is just right in the right time.

Keyword: 201 stainless steel, stainless steel price, stainless steel market, stainless steel cold rolled, cold rolled market.