After the rise of the clouds, there is some signals for the 201 stainless steel call back!

August 8th

On August 7th Foshan market news, the cold rolled of 201 stainless steel is stable at 9100 Yuan/ton. Among them, LISCO/Hongwang price is 9150 Yuan/ton.

However, according to the market feedback, despite the firm price increases, the deal remains cold.

It’s worth mentioning that steel mills are generally more expensive than market price, Angang/LISCO price rise up 100 Yuan/ton, price is 9300 Yuan/ton, Hongwang keeep price 9200 Yuan/ton, Jinhui Weide four feet J1A price 9300 Yuan/ton, Zhongshan price 9300 Yuan/ton.

In the afternoon, in order to promote transactions, the market price began to pull up, 201 stainless steel cold rolled mainstream quote price 9200 Yuan/ton, but the deal remains cold.

Hot rolled of stainless steel, at present, the spot of the market J1 price pull up 8500 Yuan/ton, J3 price 8300 Yuan/ton. Current merchants have limited resources and wide tube price are firm.

Individual origin stianless steel strip J3 although the big tube quotation price is 8300 Yuan/ton, but the transaction remained at 8200 Yuan/ton.

Keyword: stainless steel market, 201 stainless steel cold rolled sheet, 201 stainless steel cold rolled sheet price, stainless steel hot rolled sheet.