304 stainless steel is crazy cause of Ni price, 201 stainless steel also steady rise!

July 26th

On July 25th the Foshan morning market, 304 Stainless Steel price rises up, 201 stainless steel lying on the ground. With the Chengde JI four feet hot rolled price 8500 in the afternoon, the market of stainless steel hot rolled price were rise up.

J1 four feet hot rolling market LISCO quote 8300 yuan/ton, Baosteel 8200 yuan/ton, Tsingshan/Chengde price 8400 Yuan/ton, J3 cheaper 200 Yuan/ton.

In the case of 201 stainless steel cold rolled, the market of Angang/LISCO price 8900 Yuan/ton, Hongwang/Chengde stainless steel cold rolled mainstream price 8950-9000 Yuan/ton.

At a result, the price difference of 201 stainless steel has been reduced to 500 Yuan/ton from yesterday’s 700 Yuan/ton. However, the consensus is that today, 201stainless steel transaction are less optimistic than yesterday’s.

Keyword: stainless steel market, 304 Stainless Steel, 201 stainless steel cold rolled, stainless steel price.