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October National major stainless steel market shocks adjustme

Oct 23, 2017

 Shong, president of the Tianjin Stainless Steel Association, said in an interview with the China Metallurgical News reporter, China's economic stability in the good trend is obvious. At present, the resources are tight, the raw material cost is higher, the steel plant is strong sense of price is the supporting factor of the stainless steel city. October is expected to adjust the main stainless steel market shocks, or there is still the possibility of price increases.

Shong said the main basis for making the above judgments is as follows:

One, September stainless steel raw materials market fell. September, the nickel price rose first, after the shock, callback, but the space below: The Shanghai spot market Jinchuan nickel average price of about 88010 yuan/ton, the Russian nickel average price of about 87002 yuan/ton. September, nickel iron price stability in the rise: Tisco high nickel iron purchase price of 1020 yuan/nickel (including tax to the factory pay), the chain Rose 13.33%; October, Tisco High nickel iron procurement base price of 900 yuan/nickel (including tax to the factory is paid), according to the supply of different prices, the supply of more than 10,000 tons increase price 20 yuan/NI. With the recent Environmental Protection Cross inspection measures issued, is expected to October domestic nickel iron raw materials supply tightening, supporting market strength. October, more than a large number of domestic stainless steel factory high carbon ferrochrome purchase price overall chain September slipped 100 yuan/50 base ton around, the price level of 8200 yuan ~8400 yuan/50 base ton. September, manganese factory generally unwilling to slash prices, most businesses began to maintain a very good price operation, the price of 10600 yuan/ton of stability near. The short-term electrolytic manganese market is expected to remain weak.

Second, last week (October 9 ~ 13th), the market price of stainless steel raw materials to rise mainly. Last week, the Shanghai market Jinchuan Nickel Plate spot have price of 89350 yuan/ton, the chain Rose 4.34%, the import nickel have price 88560 yuan/ton, the chain Rose 4.66%. With the spread of good news last week, the high nickel iron market support gradually turned strong, prices continued to rise, last week, Zhangjiagang PU item will be high nickel iron purchase price increase of 50 yuan/NI to 930 yuan/NI (including tax to factory pay). In the supply of tightening expectations, the recent nickel iron market will be relatively strong operation. One side is the factory hand-held orders of calm, the other side is the traders and ready to market the procurement of chromium raw materials market trend, resulting in the national day after the high chromium products markets deadlock, is expected to the recent chrome iron market stability operation.

September Tianjin Stainless Steel Material market volume, the amount of month-on-month double drop

September, the Tianjin Stainless Steel market volume of 15100 tons, the chain fell 11.4%, the transaction volume of 232.5 million yuan, the chain fell 13.1%.

According to statistics, in September the market according to the distribution of major categories of sales are as follows: Sales in the first is the stainless steel plate, sales of 6250 tons, the chain (the same below) fell 11.2%, accounted for the total market sales (below) 41%; turnover of 97.8 million yuan, the chain (below) down 13%, accounted for the total market transactions (hereinafter) of 42%. Sales of the second place is the stainless steel pipe, sales of 3080 tons, down 12.3%, accounted for 21%, turnover of 57.5 million yuan, down 13.7%, accounted for 25%. Sales ranked third in other categories, sales of 3070 tons, down 11.3%, accounted for 20%, turnover of 33.5 million yuan, down 13%, accounted for 14%. Sales of the fourth place is the stainless steel profile (bar), sales of 2700 tons, down 11.2%, accounted for 18%, turnover of 43.7 million yuan, down 12.9%, accounted for 19%.

According to dealers, the market January ~ September sales of relatively large varieties are: material $number and specifications for 0.5mmx1000mmx2000mm cold-rolled Stainless steel sheet, material $number and specifications of 1.0mmx1000mmx2000mm Cold rolled stainless steel sheet, Material 304 and specifications for ф20mmx3mm, ф22mmx3mm, ф25mmx3mm, ф38mmx3mm, ф32mmx3mm, ф48mmx3mm, ф45mmx3mm, ф57mmx3mm, ф76mmx4mm stainless steel seamless tubes, Material 304 and specifications for ф8mm~ф28mm, ф30mm~ф60mm of stainless steel round bars, and so on, the above-mentioned varieties of sales accounted for more than 60% of the total market sales.

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