From rise up the price to fall down the price

October 25th

Today morning 304 stainless steel is still a continuation of yesterday afternoon, "the rising" trend, and the merchant said: "while going up before, also to hoard goods."

But the afternoon appears reversed, many steel mills turns zapan stock many steel mills choose disc very price, but the market is indeed a little panic mentality. Many businesses have lowered price in the afternoon.

According to Foshan market, private stainless steel cold rolled spot price from 15600 to 15700 Yuan/ton in the morning, in the afternoon, the transaction price is 15500-15600 Yuan/ton, the low price channel appears, the spot is lower than future price, price is 15350 Yuan/ton.

In the morning, there is also the market of Wuxi stainless steel hot rolled market. In the afternoon, due to the difficulty of shipping the company has turned down the quotation and made a profit of 14750-14800 Yuan/ton.

Keyword: 304 stainless steel, 304 Stainless steel tube, 304 Stainless steel sheet, 304 Stainless Steel coil, stainless steel market, stainless steel cold rolled sheet price, stainless steel cold rolled strip price.