Steel factory rise up to 100, stainless steel agent rise up to 200

May 8 Foshan market news, early in the morning, in addition to Tsingshan increase of 200 Yuan/ton of 201 stainless steel hot rolling, the price of 304 Stainless Steel hot rolling also increased by 100 Yuan/ton:     

304 Stainless Steel hot rolling 14000 Yuan/ton, June futures, to be approved.

Under the impact of the Tsingshan price, Chengde agent 304 Stainless Steel hot rolled plate 13900 Yuan/ton and 13950 Yuan/ton for approval of the price immediately disappeared, the agency said that the price will follow the big green brother to the 14000 mark!

Afternoon, hot rolling 304 Stainless Steel spot end of the morning closure, opening the latest quotation: Foshan, Wuxi 13900, Shandong from 13800, can not include price, there is real demand price can be negotiated.

However , after lunch , with the increase in nickel prices , the market rose again , all of which were sold by individual Qingshan agents for May , with a tax - containing price of 14,100 Yuan/ton , which was said to be limited in May. And June futures price, still maintain 14000 Yuan/ton. In this way, the price in May was 200 Yuan/ton higher than yesterday!

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