After a series of falling prices, round steel can’t bear it!

September 12th

The impact of the nickel price slump seems to be not so easy to eliminate, although from yesterday onwards, nickel prices rose slightly, but for round steel is useless, today's round steel rally price decline.

Yesterday, Tsingshan 304 round steel price fall down 100 Yuan/ton, today the price still fall down. 314 L round steel price fall down 500 Yuan/ton, 304 round steel price no change, 304 round steel price is 16400 Yuan/ton, 316 round steel price is 21700 Yuan/ton.

In addition to Tsingshan, today the business of Wuxi market start price fall down, the market round steel price fall down 500 Yuan/ton! The market of 304 round steel price is 16500 Yuan/ton, 316L round steel price is 22500 Yuan/ton.

Nickel prices plummeted, the market continued to decline in value, has always lagged behind the round steel, this time it can’t bear!

Keyword: stainless steel market, 304 round steel price, 316L round steel price.