Nickel price suffer cold water, let the Tsingshan price straight down 500!

Nickel today concussion lower, opened early in the morning after a slight decline, touched 12620 points near stabilize to pull up, and then touched 12715 points after the concussion lower, after the city closed at 12630 U.S. dollar/ton.

Nickel price of a cold water pouring market heart cold, so that the price of waste price fell. At present, 304 level of material mainstream price is 10200 Yuan/ton, it price fell down 150 Yuan/ton, The overall market mentality is weak, the downstream procurement will remain sluggish.

The nickel price plus the double pressure of raw material, today round steel also appears to fall price quotation. Today        Tsingshan 304 material round steel price fall down 500 Yuan/ton, price is 14300 Yuan/ton. But a few days did not offer round 316L material round steel today also out of the price, price is 21000 Yuan/ton. Lower nickel prices, let everyone not good, businesses are generally more cautious.

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