It is a violent, 304 stainless steel rise up 400-500 Yuan/ton

The price of today’s 304 Stainless Steel is up by the day, driven by the overall rise in the black market and nickel price. The cold rolling of 304 Stainless Steel increased by 300 to 400 Yuan/ton, TISCO, JISCO price 14000-14100 Yuan/ton, Zhangpu base price 14200 Yuan/ton. But on the private’s side, Hongwang Yongjin base price 13900 Yuan/ton, there is shortage of materials in the thin section, and 100 to 200 Yuan/ton for the thin Stainless steel sheet.

Stainless steel hot rolled the market more extreme, yesterday morning price still have the tendency of decline, a day saw a big rise. This afternoon, Wuxi acting mainstream quotation 13200-13300 Yuan/ton, compare with the price of 12750 Yuan/ton, yesterday morning, the increase reached about 500 Yuan/ton.

Keyword: 304 Stainless Steel, stainless steel price, stainless steel market.