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Break 304 stianless steel embarrassing "smooth period"

May 21st

Today's price of 304 Stainless Steel in Wuxi, Foshan, although the Surface is still stable operation, steel mills, agent prices, but it is reported that the market, due to the impact of poor transactions, some traders choose to take the lead in price adjustment to promote the deal.      

Today ' s Foshan market, the merchant is also an early quotation, at the same time of price adjustment, also issued preferential policy , transaction decreased 50 - 100 Yuan/ton , or today ' s payment of 100 Yuan/ton policy . Hongwang , Cheng De price is 14600 - 14700 Yuan/ton , Yongjin four - feet gross margin base price is 14700 - 14800 Yuan/ton. Hot - rolled market, four - foot margin base price is 14000 - 14100 Yuan/ton, five feet price is 14200 - 14300 Yuan/ton.

Wuxi market, Taigang, Jiugang four-feett edge cutting base price 15200 Yuan/ton, Hongwang, Yongjin, Chengde four-feet edge base price is 14700-14800 Yuan/ton, hot rolling market, Dongte, Guangqing five feet price is 14200-14250 Yuan/ton. Although Wuxi market, volume price more stable, but most of the market is business or the main board, the board price undersold 50-100 Yyuan/ton.

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