Stainless steel Hot rolling prices down market cautious

July 21th

July 21th Foshan market news, morning stainless steel starts the diving model.

In the morning Tsingshan guide price fall drop 400Yuan/ton, the price is 12800Yuan/ton, the market spot stainless steel price more cautious, mainstream quote price 12800-13000 Yuan/ton. Compare to yesterday, the price fall drop 500 Yuan/ton. Some businessmen say they have fallen and gone up and down again, and the speed of delivery is still so slow.

At present, 304 Stainless Steel four feed hot rolled tube mainstream quote price 13000 Yuan/ton, five feed mainstream quote price 13000-13300 Yuan/ton.

Near the end of the day, nickel prices are starting to go red again which give a strong reason to support 304 Stainless Steel prices.

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