Recently, the external market has continued to be positive. The orderly advancement of the US$1.9 trillion stimulus plan in the United States, coupled with the Federal Reserve’s signal of continued easing, has ushered in an explosive rise in external finance and commodities. With this boost, the stainless steel market is also welcome Come to a good start.
In just 2 days, before press time, the Wuxi market, the price of 304 stainless steel cold rolled has increased by 600 yuan/ton, and the price of hot rolled has increased by 700 yuan/ton to 16,000 yuan/ton. Some merchants have chosen to limit the price. The operation of selling or closing the disc.
In terms of prices, in the afternoon, in the Wuxi market and the cold rolling market, the prices of Delong and Beibu Gulf new material four-foot unedged coils have generally been raised to 15,300 yuan/ton (converted to a 2.0-cut edge of 15800), and the base price of Yongjin four-foot unedged coils has also increased. To 15700 yuan/ton (converted to 2.0 cut 16200). Dongte and other private 304 hot-rolled resources have also been increased to 16,000 yuan/ton, and some merchants have chosen to limit sales or seal the operation.
300 series inventory increased by 33,200 tons after the holiday, but most of them are pre-stocked by a state-owned steel mill, which has little impact on the market. Many steel mills such as DL, HW, and QS are mostly in-transit resources, which only supplement the market. , Then the market is bullish.
Most of the steel mills tend to be very pricey. In addition, the steel mills did not have concentrated delivery during the holidays, and there was no centralized stocking before the festival. The enthusiasm for starting stocks is high, and the attitude of the stainless steel market is improving in the short term.
