The stainless steel industry rebounded steadily, the trading of ferronickel rose rapidly, and the scrap stainless steel market rose with high expectations.
The stainless steel industry rebounded steadily, the trading of ferronickel rose rapidly, and the scrap stainless steel market rose with high expectations.
2023-09-18
On August 22nd, the closing price of the stainless steel main contract was 16075 yuan, an increase of 110 yuan. The spot market for stainless steel shows a positive price sentiment, with the rapid rise in nickel iron trading prices, leading to a significant increase in stainless steel production costs and maintaining high market prices. The steel mills have shown a clear atmosphere of price appreciation, and the futures market has also shown a strong willingness to pull up, with high consolidation being the main focus. Specifically, the quotation for Qingshan 304 stainless steel water is 11100 yuan/ton, and it is expected that the scrap stainless steel market will continue to fluctuate and rise today
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