Stainless steel hot rolled afternoon suddenly rose up, whether the price should be expressed!

August 4th

Foshan morning 304 Stainless Steel hot rolled strip Ex. Tax spot market mainstream quote price 12400-12500 Yuan/ton.

16:00 this afternoon when suddenly pull up.

In the morning, 304 (0.4mm) decorative tube of Foshan mainstream not quote price 14900-15100 Yuan/ton, it is flat compare to yesterday.

In the afternoon, according to the market feedback, some of Stainless steel tube factory already notice of price increase.

There is also some dealer’s reaction, recently factory price increases, the order quantity also has the regulation, in the price rise, the cargo quantity has not to be in place, so mark their operation very passive.

The stainless steel market surges up, changes quickly. How to respond promptly to escape the fate that the market drags down to the industry!

Keyword: stainless steel hot rolled sheet, 304 decorative tube price, stainless steel market.