304 stainless steel touch bottom bounce 100, I heard there is a proxy not to receive orders!

November 22th

Today 304 stainless steel market began to "stir up", many resource price are low, businesses today is "touch bottoming bounce."

Today Wuxi market, Hongwang/Yongjin/Chengde and other private places, a lot of businesses have to raise the operation of 100 Yuan/ton, 1.5mm price is 14800 Yuan/ton, the same is true of stainless steel hot rolled. Dongte/Guangqing have to raise the operation of 100, price is 13800 Yuan/ton.

Foshan market private stainless steel cold rolled price is 14800 Yuan/ton, stainless steel hot rolled price is 13700-13800 Yuan/ton.

Although the price still is stable, but many businesses said that "the recent 0.4/0.5/0.6/0.7 is really out of stock. There are businesses complained: there are not many goods that can be delivered by steel plants in the near future, our inventory is indeed in decline.

It is understood that the recent production of individual agents and no quotation, futures are not single! Why? Market speculation is also a lot of, someone said, is busy deliver goods, someone said, may pass control the source to control the price, after all the constant price, the futures list is not optimistic!

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