Slight adjustment in the afternoon - Any support for 201 stainless steel price?

July 27th

On July 27^th Foshan market, 201 stainless steel the play is unexpectable, can give you a high and tumble play in a minute, since the price of the nickle in the last few days of the frenzy, 201 stainless steel started its autobiography.

In the morning, Hongwang steel mill price rise up 100 Yuan/ton, price is 9100 Yuan/ton. It’s relentless on the 9000 line.

In the market, the morning Lianzhong mainstream price 8900 Yuan/ton, Hongwang/Chengde/Bao steel price 8900-9000 Yuan/ton, some of price 9050 Yuan/ton, the transaction price was 8850-8900 Yuan/ton.

In the afternoon, nickle is starting restless, 201 stainless steel market atmosphere, with the price of nickle rise up to began to stir. The agent reflects the hot afternoon, the number of inquiries has increased and the buyer have increased in the past two days. The ex. tax transaction price is 8200 Yuan/ton. Some of traders reported a decline in inventories, which seems to give another reason for the increase.

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