Stainless steel cold rolled stabilized

September 18th

On September 18th Foshan news, last Friday, LME nickel closed $11125, down $90. Saturday's stainless steel market came a "morning price is fall down, afternoon price is high" turn.

It is understood that last Saturday, the market circulation of 304 private cold-rolled mainstream can be traded the lowest price in 15100 Yuan/ton, the price rose by 100 Yuan/ton in the afternoon when the transaction suddenly changed mainstream quote price is 15200-15300 Yuan/ton.

The businessmen said, the spot market of 304 stainless steel cold rolled high price 17200 Yuan/ton to 15100 Yuan/ton, fall down price is 2100 Yuan/ton.

Among them, the main market price of nickel caused by panic, and let stampede phenomenon.

Add because of the profit disk, some manufacturers are also involved in selling steel rolls.

Keyword: stainless steel market, 304 stainless steel cold rolled sheet price.