Peak season is not booming, although the price of round bar stabilized

September 27th

In September this season is not our memory in September, the September show the busy season. Today the overall non-ferrous commodity form counter trend, the biggest intraday LME nickel rose as high as 1.5%, nickel prices began to rebound upward, the market began to pull up and stabilize the market.

Round steel price has been stabilized for several days, Tsingshan 304 round steel price is 14000 Yuan/ton, 316L round steel price is 20500 Yuan/ton, Wuxi market 304 round steel price is 15000-16000 Yuan/ton.

Round steel prices stabilize, but the transaction? It is understood that the prices stabilize, the market turnover is not good, the downstream manufacturers by environmental pressures and high cost, high impact, precautiou psychology is abvious, the purchaase enthusiasm is not high.

It’s three days before the end of September. Is there any improvementin the October market?

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