Gnee Steel (tianjin) Co., Ltd
+8615824687445
Contact Us
  • Tel: +86-372-5055135
  • Mob: +8615824687445
  • Fax: +86-372-5055135
  • Email: ppgi@gescosteel.com
  • Add: No.4-1114, Beichen Building, Beicang Town, Beichen District, Tianjin, China

The Latest Market Trend Of Stainless Steel On December 1

Dec 01, 2022

On the 30th, the spot price of stainless steel was stable and tended to be low. In Wuxi market, the quotation of 304 Cold rolled TISCO was 17200 yuan/ton, which was stable compared with the previous trading day; The quotation of Hongwang Resources was 16900 yuan/ton, stable compared with the previous trading day; The quotation of 304 hot rolling was 16450 yuan/ton, which was stable compared with the previous trading day. For the 200 series, the fluctuation of cold and hot rolling is not large, and the rhythm of changing quantity with price remains unchanged. At present, the mainstream of J1 four foot cold rolling resource Sifo is reported as rough edge 9250-9400 yuan/ton, and J2J5 resource is reported as rough edge 8750-8850 yuan/ton. To sum up, today's merchants are mostly facing the end of month settlement. Superimposed by the impact of the epidemic, the overall transaction is still weak, the price is stable and adjusted. It is expected that the market will continue to be stable and weak tomorrow.