Support at 9000, 201 stainless steel hold energy for next increasing

August 8th

On August 7th Foshan market news, today’s market continues yesterday’s trend, and price are still rising. Stainless steel factory of Hongwang price 9300 Yuan/ton, LISCO price 9300 Yuan/ton, a fixed point at 9300 Yuan/ton. Chengde keeps sealing. It seems to be brewing big recruitment.

The quotation of the market, undertaking the small increase of yesterday afternoon, today LISCO price is 9200 Yuan/ton, Hongwang/Chengde price 9200-9250 Yuan/ton, the market of Bao steel price 9200 Yuan/ton. It is learned that the without tax price of this morning was 8400 Yuan/ton.

In the afternoon, although the atmosphere is not as warm as yesterday, but the price didn’t change too much, the price still has the transaction support. There are agents reported that the transaction is shipped at 8450/9250 Yuan/ton. But generally speaking, there is 8400/9200 Yuan/ton of prices on the market.

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