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The nickel price is rise up and304 stainless steel price rise up 100-200 Yuan/ton in the afternoon!

May 2nd

On the first day after of the festival, stainless steel price meet rise up, the nickel price rise up in the afternoon, and the stainless steel market price also rose immediately.        

According to Wuxi market, it price rise up in 100-200 Yuan/ton. In the afternoon, Hongwang/Yongjin/Chengde four feet cut base price is 14200-14300 Yuan/ton. Hot rolling resources are also slightly adjusted to 13500 Yuan/ton.

Foshan market, in the afternoon, the increase was relatively small, ranging from 50 to 100 Yuan/ton, private four feet cut base price is 14350-14400 Yuan/ton. Transaction, the market has improved, some businesses choose to purchase on demand at this time!

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