Telephone：
+86-21-61212385
61212386/61212387/61212388
Fax： +86-21-61275188
Email： sales@eastasiametal.com
------------------------------------- Sales Skype：
EAM-Thomas
EAM-Echo
EAM-Monica
EAM-Bob
EAM-Anna
EAM-Tim
EAM-Jack
61212386/61212387/61212388
Fax： +86-21-61275188
Email： sales@eastasiametal.com
------------------------------------- Sales Skype：
EAM-Thomas
EAM-Echo
EAM-Monica
EAM-Bob
EAM-Anna
EAM-Tim
EAM-Jack
Stainless steel market small rise
Nowadays, traders are cautious about the situation of steel market operation in the later period, and dare not store goods rashly. Downstream end users generally purchase on demand, unwilling to prepare more materials; Foreign trade orders are also small batch, multi - batch orders in the majority. These phenomena partly reflect the market expectations are not good mentality.
And it is reported that due to the continuous weakening of the price of stainless steel, some steel mills reduced production in May, the demand for raw materials is expected to decline, the situation of high chromium market supply exceeds demand is becoming more and more severe, in the short term high chromium price may decline again.
In wuxi market, the base price of four-foot cutting edge of zhangpu is 15,000 yuan/ton, that of jiugang is 14,800 yuan/ton, and that of tisco is 14,850 yuan/ton. Some agency quotation of state-owned resources have some merchants down 50, before the thick material slightly higher price can also begin to shake! Hongwang, chengde four feet rough edge base price is maintained at 14050-14200 yuan/ton, response or hope to ship as much as possible before the year! Hot rolling market, dongte, guangqing and other producing areas, the current 5 feet 4.0mm raw edge base price of 13550~13600 yuan/ton, thick material still maintain the trend of 13700-13750 yuan/ton.
In fact, such a market is really very helpless, on the future more do not look good, more options or early efforts to ship. And on the other hand, cold rolling so trend behind the undoubtedly hot rolling market to promote. Today 304 private hot rolling morning price to 13900-14000 yuan/ton, a week down 400 yuan/ton, more than the cold rolling market. Although recently many steel mills have issued maintenance plans, but did not stabilize the market sentiment, is not stable to the market price, 304 market is still injured.