Stainless steel cold rolling rises decisively 200 and hot rolling market is unstable

In March, the stainless steel market appears to be a bit unstable, last Friday or a small correction in the market after a sharp rise in nickel, the spot market rose.

As the saying goes a small rise, look at the current trend of spot rise to see a better 316L.

The spot market has seen 21700-21,800 Yuan/ton of enquiries today compared with Friday's price rise of around 200 yuan for 316L cold rolling in Wuxi. The steel factory's guide price is relatively conservative, with Zhangpu cold hot rolling rising by 200 Yuan/ton.

316L cold rolling has maintained a steady and rising trend after the Spring Festival holiday, while hot rolling obviously has not been as stable as cold rolling. Early inquiry was about 100 percent higher than on Friday, and the private resources price was 20600 to 20,800 Yuan/ton. But already appeared in the morning traders release shipping pressure slightly down the operation.

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