The stainless steel market price regression rational?

July 24th

July 24th Foshan market news, from last Saturday, TISCO steel mill 430 stainless steel cold rolled guide price fall down 50 Yuan/ton, price is 8350 Yuan/ton.

Today, it was late July Monday, TISCO 430 stainless steel cold rolled guide price stay flat. However, on the market inquiry, the price of 430 stainless steel cold rolled in the market is generally lower than last Friday.

At present, the market of TISCO/JISCO 430 stainless steel cold rolled spot mainstream base price 8350-8500 Yuan/ton, Hanyang/2B mainstream base price 8400 Yuan/ton,Hanyang 430 stainless steel/BA base price 8700 Yuan/ton.

It is reported that the market price has been lower in the last two days? The first is that the price of the stainless steel plate is adjusted back to the market, and the original market part of the firm offers a return to rationality, while the modest adjustment is also normal. Second, although there is not enough market medicine resources, there is no market. In addition, today afternoon market feedback; the transaction atmosphere is still slightly unwell.

Keyword: stainless steel market, 430 stainless steel cold rolled, 430 stainless steel cold rolled price.