The market price was fall down, but the steel factory price will rise up

October 9th

Today, the market trend toward locking up, but in fact it is not the case!

In the morning TISCO guidance price opened, 430 stainless steel cold rolling price is also directed up, price is 10100 Yuan/ton. But look at the performance of today's spot market, but it is far from satisfactory.

Wuxi market 430 stainless steel cold rolled price is 10000-10150 Yuan/ton, mainstream price is 10000 Yuan/ton, JISCO at the beginning of the month is the price to 10000 Yuan/ton. We view before the holiday is slightly down compared to, or is part of a delivery agent since the end of the month to add inventory, spot prices slightly lower profile.

Although the steel mills adjust prices, the market enquiriesis still slightly stable, but at least give the market is positive energy, confidence or enhanced.

Keyword: stainless steel market, 430 stainless steel cold rolled sheet price.