On the 1st, 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 200 series, the fluctuation of cold and hot rolling is small. At present, the mainstream of J1 four foot cold rolling resource Sifo reports that the raw edge is 9250-9400 yuan/ton, and J2J5 resource is 8750-8850 yuan/ton. The actual transaction is limited. To sum up, the news that the production of steel mills has been reduced in recent years is also further fermented. Today, the news that a steel mill in South China will shut down its cold rolling production line for maintenance in this month came out. Short term, long term and short term, flexible price adjustment and operation.
