304 stainless steel price rise up 200 Yuan/ton again

Today the nickel market is closed, stainless steel market no guidance, most of the early market prices are also basically stable, but close to midday, some production areas continue to increase 100-200 Yuan/ton.                   

From the end of last month, the market as a whole inventory has been reduced, there is a recent delivery of a steel mill slow no goods to hand in rumors, the pace of price? There is feedback in the near future, the market 1.7mm above the stock shortage is obvious, trade companies to increase prices to be sold.                 

Wuxi market, afternoon Hongwang, Yongjin, Chengde 304 Stainless Steel four foot base price from the mainstream 14400-14500 Yuan/ton to 14600-14700 Yuan/ton. In the hot rolling market, some parts of the five-foot wide plate also rose from 13800 yuan per ton in the early morning market to 14000 yuan per ton in the afternoon.         

Foshan market, most of the temporary increase is hot rolling resources, first of all, steel mills to increase the initiative, the market with a number of places to rise, it is reported that the current four-feet mainstream edge base price 13600-13800 Yuan/ton, five feet price is 14000-14100 Yuan/ton.    

Keyword: 304 Stainless Steel, 304 Stainless steel tube, 304 Stainless steel sheet, 304 Stainless Steel coil, stainless steel price, stainless steel market.