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201 stainless steel took a brief pause, a weak market atmosphere

July 19th

On July 19th the Foshan market news, in the morning, the stainless steel market of LISCO, Hongwang on a flat quote, LISCO price 9100 Yuan/ton, Hongwang price 9200 Yuan/ton. Chengde rotary header, the stainless steel mils are holding up.

The market, LISCO mainstream price is 9000 Yuan/ton, Hongwang, Chengde price is 8950 Yuan/ton, quotation of individual agents 9000 Yuan/ton, the actual transaction is 50 Yuan/ton, some are sold without quote price of 8200 Yuan/ton. Chengde some of agents price is 9000 Yuan/ton, market prices is on the high side, transaction starts lower.

The agent reflects the shortage of thick materials, the transaction atmosphere is weak, the price increase seems to have a stop smell. This is understandable for a few days of market growth.

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