Less stock, 400 stainless steel series merchants are optimistic!

July 20th

On July 19th the Foshan market news, today, the TISCO stainless steel mills of the 430 stainless steel cold roll prices rise up 100 Yuan/ton higher than yesterday, the quote price is 8400 Yuan/ton. However, some market of TIACO/JISCO 430 stainless steel 2B quotation is slightly higher than yesterday.

The market, in the morning TISCO/JISCO 430 stainless steel 2B spot mainstream base price is 8400-8600 Yuan/ton. Among then, some of agent TISCO price is 8600-8650 Yuan/ton,

In the early stage, the low price resources have been reduced, the market has individual increase, there is a certain stable wait and see, at present the market is still cautious to the market.

At the present the market has 430 stainless steel spot thick plate resource still shortage, so the price is still firm. In addition, the market 409L TISCO cold roll mainstream base price is 8800-8900 Yuan/ton. However, actual transaction has profit, the market individual agent TISCO 433/2B mainstream base price is 13100 Yuan/ton, however, there are fewer merchants in the market, or even individual agents, some need to be picked up by steel mills. At present market businessman mentality is more optimistic, individual is slightly cautious.

Keyword: 400 stainless steel series, stainless steel price, stainless steel market, 409 stainless steel cold roll.