On Tuesday, futures continued to fall, spot continued to weaken, the price did fall, the magnitude did not change, part of the 201 discount of 10 yuan 20 yuan, part of the 304 cheaper 30 yuan 50 yuan.
In terms of nickel price futures: London nickel is currently down more than 200 US dollars, and Shanghai nickel is down by more than 2,000 yuan; Stainless steel futures fell by more than 100 yuan.
In terms of waste raw materials: the purchase price of some 201 scraps fell by 50 yuan, and the purchase price of 304 scraps was stable; The prices of high-nickel ferronickel, high-carbon ferrochrome and ferro-molybdenum were flat.
In terms of market quotations: 201 material quotations are stable, and some real orders may be discounted by 10 yuan and 20 yuan; Some 304 materials fell by 50 yuan; The price of 316L hot-rolled is relatively stable; Part of the 400 series materials rose by 50 yuan.
In terms of steel mill prices: Zhangpu 316L cold rolled rose 100; Dongte 304 and 316L hot-rolled flat discs; Jiugang 430 cold rolled up 100; TISCO 316L cold and hot rolling rose 100.
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In terms of comprehensive performance: today's market is still a familiar formula, or the original direction, the disk is still surrounded by green, and the market sentiment has not been high or even gradually declined in the past two days. The stainless steel market has gradually become blurred in the ongoing stalemate, on the one hand, the cost is high, on the other hand, the transaction is cold, and the material is not easy to pull back, and it is not a dilemma.
The price increase is suitable for selling, and the price drop is suitable for buying, and only when it is difficult to rise and fall, it is the most tormented. In this case, the market can only maintain a slow rhythm and wait for a turnaround, and the substantial impact of the market is basically on the futures and steel mills, now the futures temporarily fell slightly, the steel mills never took the initiative to fall, and did not see much movement for the time being, although the downstream demand is somewhat cold, most of the peers are still cautiously wait-and-see!
