Market News
stainless Steel Price in Wuxi area stable Foshan 304 Cold Rolling slightly reduced by 50 yuan / ton

ASG11, July 7:

Wuxi area: today, the quotation of stainless steel in Wuxi area is generally stable, the state-run 304 2B cutting edge roll price is 15800-16000 yuan / ton, the private 304 2B rough edge roll price is 15300-15500 yuan / ton, 304 / NO. 1 five feet 14700-14900 yuan / ton, the prices are the same as yesterday. Traders reflected that the stainless steel market as a whole this week light transactions, weak demand. Today, 10:30 SHFE SS2002 contract selling price 14925 yuan / ton, Wuxi stainless steel spot water 545-745 yuan / ton. (spot trimming = rough edges + 170 yuan / ton)

Foshan area: in the morning, Foshan stainless steel market state 3042B trimming volume price is flat compared with yesterday, the average price is 15950 yuan / ton; private 3042B rough edge roll price is slightly lower than yesterday by 50 yuan / ton, the average price is 15450 yuan / ton; 304 / NO. 1