Market News
Wuxi stainless Steel Market Price generally reported an upward trend in Foshan 304 Cold Rolling Pric

ASG 11, 25th:

Wuxi stainless steel: this morning Wuxi area quotation: state-owned 304 2B edge cutting volume price is 15400-15500 yuan / ton, private 304 2B rough edge roll price 14900-15000 yuan / ton. 304 / NO. 1 five feet to 14050-14150 yuan / ton. Morning market prices are generally flat, private cold rolling transaction base price rose by 50 yuan / ton to 14650 yuan / ton, terminal feedback transaction general. The general transaction price of hot rolling is 14050 yuan / ton. For 10:30 SHFE SS2002 contract selling price 14515 yuan / ton, Wuxi stainless steel spot water 555-655 yuan / ton. (spot edge cutting = rough edge + 170 yuan / ton).

Foshan stainless steel spot: in the morning Foshan stainless steel market state-owned 304 2B trimming roll price increased by 100 yuan / ton compared with yesterday's average price of 15700 yuan / ton; private 3042B rough edge roll price increased by 150 yuan / ton compared with yesterday's average price of 15050 yuan / ton; today's 304 / NO. 1 five-foot roll price is stable at 14250 yuan / ton compared with Monday's average price. On Tuesday morning, Foshan market 304 cold rolling price has an overall upward trend, hot rolling market price basically stable operation, the market reflects the transaction atmosphere in general, downstream on-demand procurement more. 200 series cold rolling inventory is still at a high level, more preferential merchants to give priority to the delivery of goods. For 10:30 SHFE SS2002 contract selling price 14515 yuan / ton, Foshan stainless steel spot water 605-805 yuan / ton. (spot trimming = rough edges + 170 yuan / ton)