1、 Raw material report:

1. Nickel: on January 12, the latest price of nickel in London was US $22014, down US $162, or 0.73%. The latest price of Shanghai nickel was 162920 yuan, down 320 yuan, or 0.20%. The domestic high-carbon ferrochrome fecr55c1000 (50 basis) in Jiangsu, Zhejiang and Shanghai was 8300 yuan / 50 basis ton, and the ferromolybdenum femo60 in Shanghai was 162500 yuan / ton, up 2000 yuan.

2. Stainless steel continuous: the latest price was 17555 yuan, down 480 yuan, down 2.66%. The position is 55937 and the trading volume is 62692.

3. Price of Dainan waste stainless steel

201Ni≈1-1.5% 6600-6800，304Ni≥8％； Primary material 12350-12550304ni ≈ 7.6-8%; Return material 11850-11950;

316 return material 17400-17600316ni ≥ 10%; Grade I material 17900-18100316l, Ni ≥ 10%, Mo ≈ 2%, 17800-18000;

310S Ni=18-19% 22000-22200，430Cr≈16%-18%； Mn ≈ 1% - 2% 4800-4950431 return material 3400-3500.

2、 Wuxi stainless steel coil reference price

1. TISCO hot rolling guide price:

300 hot rolling series: 304 material 1800, rough edge 19400 yuan / ton, 304 / No.1 18800 yuan / ton; 22900 yuan / ton of 321 / No.1; 27800 yuan / ton of 316L / No.1.

Middle plate (trimming, thickness: 14-20mm, width: 1500mm) 304 material - 19900 yuan / ton, 321 material 25100 yuan / ton, 316L material 29100 yuan / ton.

2. Dongte hot rolling guide price: 18500 yuan / ton for 304 material 4-12mm, 18700 yuan / ton for 14mm and 19200 yuan / ton for 16mm; S31603 material: 27000 yuan / ton for 4-12mm, 27400 yuan / ton for 14mm and 27900 yuan / ton for 16mm; 2205 hot rolled white coil 26000 yuan / ton.

3. Qingshan hot rolling: 304 material 18400 yuan / ton;

4. Zhangpu guide price: 18300 yuan / ton for 304 materials; 321 hot rolling 20900 yuan / ton; 316L hot rolling 26700 yuan / ton.

3、 Reference price of stainless steel pipe rod

1. [Qingshan round steel ￠ 65-130] price s30400, material 16600 yuan / ton,; 316L material 24500 yuan / ton, TP321 material 19000 yuan / ton, 321 material 17800 yuan / ton. 304 raw pipe round steel price + 800316l raw pipe round steel price + 900321 raw pipe round steel price + 850.

2. [Guoqing special round steel ￠ 65-130] s22053 material 24000 yuan / ton, 310S material 37200 yuan / ton.

3. [Delong round steel ￠ 65-130] price: RMB 16600 / ton for s30400 material and RMB 24500 / ton for 316L material.

4. [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.

5. [Huaxin Lihua ￠ 65-130] s30400 material 19600 yuan / ton, 316ls material 27900 yuan / ton, 32107 material 21800 yuan / ton.

6. [UBS round steel ￠ 65-130] 17-4PH material 15500 yuan / ton, 347 material 22200 yuan / ton, 316Ti material 25800 yuan / ton, 1.4571 material 26800 yuan / ton, s22053 material 24300 yuan / ton, s25073 material 31000 yuan / ton, F55 material 32500 yuan / ton, 310S material 38200 yuan / ton, 317L material 30300 yuan / ton, 254SMO material 58500 yuan / ton, 904L material 60500 yuan / ton, 400 material 180000 yuan / ton, 825 material 84000 yuan / ton, 625 material 155000 yuan / ton, 800H material 78000 yuan / ton, 600 material 158000 yuan / ton.

7. [reference price of Zhejiang Benji pipe]

Stainless steel seamless pipe 30408 material, specification 25 * 2 * 6000 cold drawn pipe, pickling and weighing delivery - 28.6 yuan / kg;

Stainless steel seamless pipe s31603 material, specification 25 * 2 * 6000 cold drawn pipe, pickling and weighing delivery - 38.2 yuan / kg;

Stainless steel welded pipe 30408 material, specification 219-813 * 4-6, pickling and weighing delivery - 24.9 yuan / kg;

Stainless steel welded pipe s31603 material, specification 219-813 * 4-6, pickling and weighing delivery - 35.4 yuan / kg;

Stainless steel welded pipe 32168 material, specification 219-813 * 4-6, pickling and weighing delivery - 29900 yuan / kg;

4、 Inventory statistics of stainless steel market on January 13

According to Mysteel statistics, the total inventory in the national mainstream market was 560200 tons, a decrease of 7600 tons or 1.34% compared with last week.

1. Wuxi market 359400 tons, an increase of 0300 tons, an increase of 0.09%;

2. Foshan market 95300 tons, a decrease of 6500 tons, a decrease of 6.47%;

3. The total inventory of 200 Series in the national mainstream market was 82800 tons, a decrease of 7300 tons or 8.11%;

4. The national mainstream market 300 is 346400 tons this week, an increase of 2000 tons, an increase of 0.59%;

5. The national mainstream market 400 is 131000 tons this week, a decrease of 2300 tons, a decrease of 1.34%;

5、 Market analysis

Yesterday, the stainless steel bar rose twice, and the stainless steel seamless pipe increased continuously, which is a rare phenomenon in recent years. With the rise and fall of nickel price, the price of stainless steel futures fell sharply, and the basis became positive, but it was still close to the lower boundary after listing. Due to the recent continuous rise in prices, the willingness of the downstream to catch up is weak, and the market transaction turns light.

Before the Spring Festival, the refinery production plan was basically completed, and the production scheduling plan was reduced. The downstream stainless steel export demand is improved, and the improvement of profit is expected to improve the enthusiasm of steel plant production scheduling. However, at the end of the year, the markets sentiment of waiting for leave is rising, and there is a certain demand for goods preparation in the short term; In addition, the inventory at home and abroad has dropped to a low level, and the market supply is tight, so the nickel price and performance are strong.

Recently, stainless steel futures prices have continued to rise, mainly due to the undervaluation traction and capital promotion after the sharp rise in nickel prices. The water premium of refined nickel to ferronickel has reached a ten-year peak, resulting in the low relative valuation of stainless steel. However, the supply and demand of stainless steel is not too optimistic, the pressure on new capacity in the middle line is too large, and the recent rise in spot prices is weak, The basis is at the lower boundary after listing, so the short-term stainless steel futures price is mainly passively following the rebound of nickel price, which is not driven by itself and should not be excessively pursued.



Since December last year, several special plans for the 14th five year plan have been approved. At the same time, the amount of special bonds in 2022 has been issued in advance. In addition, the special bonds issued in the fourth quarter of last year will form a superposition effect in the first quarter of this year, which is conducive to promoting the commencement progress of major domestic projects in the 14th five year plan and helping infrastructure investment play the role of supporting the economy. At the same time, with the gradual easing of high costs, it will effectively improve the operating conditions of manufacturing enterprises and boost the replenishment demand of relevant raw materials.