In the days after the collapse of the nickel, the two days accumulated 700 dollars, the market has also ended the calm before, went down the price road!
Yesterday, the new steel plant in Tsingshan was launched, and the 304 hot rolled narrow-band October futures was 14800 Yuan/ton, 304 Stainless Steel hot rolled sheet October futures 15000 Yuan/ton! It's another 500 Yuan/ton after the opening price of 600 Yuan/ton on December 12. For three days, the hot rolled stock fell 1100 Yuan/ton.
Stainless steel strip drop too cruel, adornment tube also still do not hold firm! Today, there is a price adjustment for the factory, 201 stainless steel price fall down 200 Yuan/ton, 304 stainless steel price fall down 400 Yuan/ton, and the price of the decorative tube of the tube factory 201 price is 10800-11,800 Yuan/ton, 304 decorative tubes are quoted in 17400-18400 Yuan/ton.
The tube factory is affected by the blank, but the market has not yet adjusted the price, the tube factory is down, the market is stable, why?
The price of the tube is linked with the price of the blank. The price of the Stainless steel tube rises too fast when the price of the billet is raised, and the traders and the downstream suppliers need a little adjustment time. In the fall, the market price is stable, and the price of the tube factory is closer to the reality of the market after the price reduction, and the price of the factory before the price is higher than the market price.
Keyword: stainless steel market, 201 stainless steel price, 201 decorative tube price, 304 decorative tube price.
Contact: HongYue Stainless Steel
Phone: 189 2998 9055
Tel: +86 (0)757 2932 8272
Email: info@hystainless.com
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