Stainless steel hot rolled price continue fall down

October 31th

Wuxi market new, yesterday nickel price rise up $65, but the market price still fall down!

Since last week's stainless steel hot rolled market plummeted yesterday, yesterday the market price fall down again, Tsingshan price fall down 200 Yuan/ton, Jinhui price fall down 200 Yuan/ton, Huale price rotary header! Today stainless steel hot rolled have a little rest, although a lot of agents still fall 9000 Yuan/ton, stainless steel five feet price is 9300-9400 Yuan/ton, it is price is high compare to Foshan price, but the transaction is a little cold!

According to the market new, among then, Foshan market 201 stainless steel hot rolled inventory is large, digestion takes some time!

The steel factory guide price, Hogwang 201 stainless steel cold rolled price fall down 100 Yuan/ton again, Wuxi/Foshan price is 9800 Yuan/ton, Angang LISCO LH stainless steel cold rolled price is 10000 Yuan/ton.

The market of 201 stainless steel cold rolled price continues to decline, dropped to 50-100 Yuan/ton.

Today Angang/LISCO market mainstream price is 9750 Yuan/ton, Chengde/Hongwang/Bao steel price is 9700-9800 Yuan/ton, but both were high, the market price is 9600-9700 Yuan/ton, although prices are slightly lower, but the turnover normal!

Recently, the trend of hot rolling is weak, the agency generally worried that it will drag cold rolling, on the other hand, the current proxy delivery costs are very high, even down, it will not be down a lot!

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