1、 Raw material report:

1. Nickel: on October 19, the latest price of nickel in London was $19965, down $32, or 0.16%. The latest price of Shanghai nickel was 149970 yuan, up 330 yuan, or 0.22%.   Domestic high carbon ferrochrome fecr55c1000 (50 basis) in Jiangsu, Zhejiang and Shanghai is 11200 yuan / ton.

2. Stainless steel continuous: the latest price is 20510 yuan, down 330 yuan, down 1.58%. The position is 34905 hands and the trading volume is 30791 hands.

3. Price of Dainan waste stainless steel

201 Ni ≈ 1-1.5%; 6150-6350 rise 100304 Ni ≥ 8%; primary material 13000-13200304 Ni ≈ 7.6-8%; return material 12400-12500;

316 return material 17400-17600, Ni ≥ 10%; primary material 17800-17900316l, Ni ≥ 10% Mo ≈ 2% 18000-18200;

310S Ni=18-19% 22200-22400，430 Cr≈16%-18%；Mn≈1%-2% 5150-5300。

2、 Wuxi stainless steel coil reference price

1. TISCO hot rolling guide price:

300 hot rolling series: 304 material 1800, rough edge 21800 yuan / ton, 304 / No.1 20800 yuan / ton; 321 / No.1 23600 yuan / ton; 316L / No.1 29200 yuan / ton.

Medium plate (trimming, thickness: 14-20mm, width: 1500mm) 304 material - 22000 yuan / ton, 321 material 25600 yuan / ton, 316L material 31100 yuan / ton.

2. Dongte hot rolling guide price: 20800 yuan / ton for s30403 material 4-12mm, 21000 yuan / ton for 14mm, 21500 yuan / ton for 16mm; 29600 yuan / ton for s31603 material 4-12mm, 30000 yuan / ton for 14mm, 30500 yuan / ton for 16mm; 29000 yuan / ton for 2205 hot rolled white coil.

3. Qingshan hot rolling: 304 material 20500 yuan / ton;

4. Zhangpu guide price: 21000 yuan / ton for 304 material; 23500 yuan / ton for 321 hot rolling; 29200 yuan / ton for 316L hot rolling.

3、 Reference price of stainless steel pipe rod

1. [Qingshan round steel ￠ 65-130] price: s30400 material 19300 yuan / ton, 316L material 27100 yuan / ton, TP321 material 21700 yuan / ton, 321 material 20500 yuan / ton.

2. [Delong round steel ￠ 65-130] price: 19100 yuan / ton for s30400 material and 26900 yuan / ton for 316L material.

2. [Yongxing bar ￠ 65-130 tube blank] 304 material 21000 yuan / ton, TP321 material 23900 yuan / ton, 316L material 30500 yuan / ton, 316gb material 33700 yuan / ton, s2205 material 29300 yuan / ton.

3. [Anhui Fukai] 19300 yuan / ton for TP304 material ￠ 150-250, 27000 yuan / ton for TP316L material ￠ 150-250, 26500 yuan / ton for s2205 material ￠ 65-130, 65000 yuan / ton for 904L material ￠ 65-130, 32000 yuan / ton for S32750 material ￠ 65-130, and 39000 yuan / ton for 310S material (inquiry).

4. [Huaxin Lihua ￠ 65-130] s30400 material: 21800 yuan / ton, 316ls material: 30100 yuan / ton, 32107 material: 24000 yuan / ton.

2. [Zhejiang Benji heat exchange tube] 25 * 2 * 6000 cold drawn specification - 30408 material 31.9 yuan / kg; s31603 material 41.3 yuan / kg;

4. [Zhejiang Benji welded pipe] 219-813 * 4-6 pickling specification - 30408 material 27.2 yuan / kg; s31603 material 38 yuan / kg; 32168 material 31.9 yuan / kg

4、 Statistics of stainless steel crude steel output in September

According to Mysteel statistics, in September, the output of stainless steel crude steel of domestic mainstream manufacturers totaled 2374600 tons, a decrease of 437800 tons or 15.57% compared with the previous month, including:

200 is 663500 tons, a decrease of 159800 tons or 19.41% over the previous month;

300 is 1230800 tons, a decrease of 257500 tons or 17.30% over the previous month;

400 is 480300 tons, a decrease of 20500 tons or 4.09% over the previous month;

5、 Market analysis

In terms of nickel ore, the mining areas in the Philippines are entering the rainy season one after another. Before that, the nickel ore has entered the storage preparation cycle, so the inventory of nickel ore ports has increased recently. As of October 8, the total inventory of nickel ore in 13 ports in China was 8.9287 million wet tons, an increase of 130200 wet tons compared with the end of September, an increase of 1.48%. However, due to the influence of weather factors, it is expected that the overall supply in the Philippines will gradually narrow in the future In the previous global shipping market, the transportation capacity was tight and difficult to change, and the sea freight remained high. The sea freight of nickel ore from the Philippines to Lianyungang remained at $25 / wet ton. With the advent of rainy season in suligo mining area in the Philippines, the price mentality of mines was strong, coupled with the rise of sea freight, so the price of nickel ore remained high.

In terms of ferronickel, affected by the production restriction policy in the early stage, the demand for ferronickel from downstream stainless steel plants decreased, and the price of ferronickel fell. At present, the mainstream price is about 1430 yuan / nickel point. However, before the National Day holiday, stainless steel plants in Jiangsu began to resume production one after another. Although steel plants in Guangdong were in the state of shutdown, according to the survey, production will also resume in mid and late October. Stainless steel enterprises will gradually recover The resumption of production benefited the price of ferronickel, supported it to maintain a high level, superimposed the rising cost of auxiliary materials and raw materials, and the room for the decline of ferronickel price is limited.

In terms of stainless steel, affected by the dual control policy of energy consumption in September, the production of stainless steel in many regions was limited. Among them, the reduction of stainless steel in Jiangsu and Guangdong was obvious. In September, the output of 300 series stainless steel decreased by more than 300000 tons month on month, and the monthly output fell to the low level since the first quarter of 2020. In October, the output of 300 series steel mills in Jiangsu and Shanxi increased slightly, and the electric furnace of a steel mill in Guangdong is temporarily expected Production resumed in the middle of the year, but decreased slightly in Fujian, Zhejiang and other regions. At present, the overall production scheduling plan has little change compared with September. It is expected that the overall output of stainless steel will remain low in October.

Stainless steel strategy is too cautious. It should be treated with the idea of bargain hunting after callback, and should not catch up with the high.