304 stainless steel price fall down 100-150!

Today 304 market continues to stage a callback plot, the volume decreases again, plus Renni closed down $95 yesterday, the market mentality is weak, merchants more price arbitrage.

Wuxi market 304 Stainless Steel market local callback today, the range of 100-150 Yuan/ton.

There is no doubt that those with a larger consolidation range are still hot rolled. Today Dongte steel factory 304 Stainless Steel guide price fall down 50 Yuan/ton, 316L stainless steel hot rolled sheer price fall down 100 Yuan/ton. Spot market private hot rolling today's market price 13850-13900 Yuan /ton, compared with yesterday's drop of 100-150Yuan/ton, individual traders shipped at a low price.

316L stainless steel private sector is also from yesterday's 20300-20400 Yuan/ton mainstream prices, down to 20200-20300 Yuan/ton, down by about 100. Today Zhangpu cold rolled resource price is 15200 Yuan/ton, JISCO and TISCO price is 15000 Yuan/ton, private resource price is 14500 Yuan/ton. Although the "action" is not as big as hot rolling, consolidation is not so strong, but the partial decline in inquiry also reached 100-150 Yuan/ton, in order to stimulate demand, the market still has the operation of allowing profit to ship.

The recent sharp contraction in market volume, the market from rise to fall also make demand into the wait-and-see again, traders have no choice but to sacrifice the price to attract transactions, prices are difficult to "rise and rise".

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