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UP RMB50? China 201 Stainless Steel Market Counterattack Again
Time：2020-11-25 Source：Wuxi Hongwang Hits：291

The market price that just seemed to be stable again ushered in a new wave of price declines. 304 stainless steel and 316L stainless steel have fallen by RMB 50-100/MT, and SS201 cold rolling, which has been "obscured", is showing signs of price increase today!


201 Stainless Steel Market


Inquiry in the morning, the base price of SS201 cold rolling stainless steel market today is about RMB 7400/MT for mainstream four-foot burrs, J2 stainless steel and J5 stainless steel mainstream base prices are about RMB 7150/MT, and 5-feet hot rolling is about RMB 7650/MT.


It is understood that SS201 cold-rolled inventory is relatively tight recently, and the shipments from steel mills have been slow. Some traders have slightly increased their shipments by RMB50 /MT, but some merchants have expressed that they are on the sidelines for the time being.


The SS201 5 feet hot rolling stock was lowered by RMB 50/MT yesterday, and it is temporarily stable today. Since the shipment from Shengyang, the shortage of five-foot hot rolled products has eased, and the transaction has not been inferior.


201 Stainless Steel Market


SS201 stainless steel , which had been silent for a year, quickly recovered at the end of the year, but there was still a bearish voice in the market, so we do not want to continue to rise now, but we still need to look forward to whether we can maintain the status.


Wuxi Hongwang sells various types of stainless steel products. Our 201 stainless steel products are stable, excellent in performance, and have considerable sales. More news and information are available in Wuxi Hongwang.



Tag: 201 Stainless Steel Market

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