304 stainless steel futures spot suffered Waterloo

September 20th

The recent 304 stainless steel market, has been stumble endlessly, yesterday TISCO price fall down 400-500 Yuan/ton, today morning future spot suffered Waterloo, there are agents price is 14700 Yuan/ton in October future spot! But in the morning, 304 five feed stainless steel hot rolled wide sheet price is 14900-15000 Yuan/ton.

For the first significant drop in prices, many businesses said that in the fall in value, such operations, is conducive to shipments!

The  nickel appear red, boost Foshan confidence in the market, there are some businesses, stock pressure not big  will increase 100 Yuan / ton to 15400 Yuan/ton, reported on market, but more businesses are on the sidelines, after all, the deal is not hot.

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