Main transaction is in the hot rolled spot market-futures orders are relatively weak

July 18th 

On July 15th the Foshan market news, nickel prices continue to strengthen during the day; the price of stainless steel is still rising.

At present, 304 Stainless Steel hot rolled strip spot mainstream price is 13400-13600 Yuan/ton, the market price of stainless steel is more chaotic. Among then, Dingxin quot price 13600 Yuan/ton. In addition, the futures price of the morning Stainless steel strip is 13200 Yuan/ton, the afternoon price was adjusted to 13000 Yuan/ton.

The market is still buying as needed, and is still cautious about future orders, and only wants to speed up the delivery of steel mills.

304 Stainless Steel four feet hot rolled mainstream quote price is 13600-13700 Yuan/ton, clinch a deal the better.

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