May 31th Foshan Market News, just now, the agent of Tsingshan 304 Stainless Steel hot rolled strip price is 14900 Yuan/ton in June, compared with the previous July offer of 14700 Yuan/ton rise up 200 Yuan/ton. At the same time, individual agents also reported DingXin five feet hot rolling, including price is 15000!
It is understood that the steel plant has not made a full offer.
The market also believes that the move is mainly aimed at the market spot is still in short supply and carry out another rally. And throughout the morning, the market is also full of steel mill 850 hot-rolling repair led to the loss of resources news.
But the 304 Stainless Steel hot rolling has been rolled directly, and the price difference is only about 300 Yuan/ton.
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