Stainless steel tube price not only fell down, but also the price fell down 200 Yuan/ton!

October 27th

A few days ago, the market price of the stock market has disappeared, with the decline in the price of nickel, stainless steel market prices also has a steady rise to me to decline.

Nickel prices fall back 12000 mark, many steel mills also can not hold on, have price adjustment. On Wednesday, Tsingshan 201 stainless steel hot rolled price fell down 400 Yuan/ton, 201 J1 Stainless steel strip price is 8700 Yuan/ton. In the afternoon, Jinhui opened fell down 500-700 Yuan/ton, 201 J3 Stainless steel strip price from 9200 to 8500 Yuan/ton, the market bearish sentiment in a step by step to be excited.

The price of the germinal material has fallen sharply, and the manufacturers of the decorative tube that have been holding steady prices have said that the price increase is difficult. 201 decorative tube price fall down 200 Yuan/ton, the tube factory of 201 decorative tube price is 10200-11200 Yuan/ton, 304 decorative tube price is 16200-17200 Yuan/ton.

According to some business information feedback, the recent steel strip spot was sufficient, the recent the embryo price fell continuously, plus the price of nickel killed, businesses have to suffer in silence. 

Keyword: Stainless steel tube price, 201 stainless steel hot rolled sheet price, 201 decorative tube price, 304 decorative tube price, stainless steel market.