Round steel: still haven’t finished up, the rest will go up again!

October 17th

Yesterday, nickel price fell back, opened in early trading continued to decline, hit 11585 points after the rapid rebound, then keep strong, and eventually closed at 11880 U.S. dollars/ton, rise up 1.37%.

Nickel price rise up, stainless steel market price rise up again, even the normally lagging round steel is rising every day! Yesterday Tsingshan round steel price rise up 100 Yuan/ton, 304 material round steel price is 14800 Yuan/ton, 316L material round steel price is 20500 Yuan/ton, 321 material round steel price is 17100 Yuan/ton.

Yesterday price rise up 100 Yuan/ton, today Tsingshan price is flat, is the price rise up? There are many people who say that the price of nickel has changed a lot recently, the price is not stable, the shipment is the key.

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