304 stainless steel price test rise up

On September 26^th Foshan market new, yesterday morning nickel price opening shock weakening, after touching 10580 in the disk, pull up quickly. It hit 10655 point in one day, after that, the shock went down, the end of the plate pulled up strongly, and the final price was 10620 USD/ton, which was supported by 10500 points.

Today morning, originally weak stainless steel market began to rebound slightly. Yongjin future good price is 14600 Yuan/ton, the spot is generally at 100 Yuan/ton. Among them, Yongjin/Hongwang mainstream price is 14800 Yuan/ton,(some of agents price is 14900 Yuan/ton), market enquiries and transactions are more active.

The market mainstream transaction price is 14600-14700 Yuan/ton, the market thinks it should be fixed after the crash, and this week should be the last before the holidays. As you end up with profit taking, the market has renewed hope.

The price of hot rolling is generally stable. From the price of the agent, the general strip price is 13800 Yuan/ton, sheet price is 14000 Yuan/ton, stainless steel cold rolled/hot rolled spot excluding quote price is 12800 Yuan/ton. Market enquiries and the atmosphere of transaction are much more active.

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