1、 Raw material report:

1. Nickel: on March 25, the three-month price of nickel in London was US $37235, up US $4855, or 14.99%. The latest price of Shanghai nickel was 261630 yuan, up 27690 yuan, or 11.81%. The domestic high-carbon ferrochrome fecr55c1000 (50 basis) in Jiangsu, Zhejiang and Shanghai is 9000 yuan / 50 basis ton, and the ferromolybdenum femo60 in Shanghai is 176000 yuan / ton.

2. Stainless steel continuous: the latest price is 21140 yuan, down 530 yuan, down 2.44%. The position is 36524 hands and the trading volume is 208355 hands.

3. Price of Dainan waste stainless steel

201ni ≈ 1-1.5%, 7650-7850 down 100304ni ≥ 8%; Primary material 13200-13400304ni ≈ 7.6-8%; Return material 12700-12900;

316 return charge 18250-18450316ni ≥ 10%; Grade I material 18750-18850316l, Ni ≥ 10%, Mo ≈ 2%, 18650-18850;

310S Ni=18-19% 22850-23050，430Cr≈16%-18%； Mn ≈ 1% - 2% 5850-6000431 return material 4300-4500.

2、 Wuxi stainless steel coil reference price

1. Hot rolling instruction of TISCO:

300 hot rolling series: 304 material 1800 rough edges 22900 yuan / ton; 22100 yuan / ton of 304 / No.1; 26200 yuan / ton of 321 / No.1; 32200 yuan / ton of 316L / No.1.

Medium plate (trimming, thickness: 14-20mm, width: 1500mm) 304 material - 23000 yuan / ton, 321 material 27200 yuan / ton, 316L material 33000 yuan / ton.

2. Dongte hot rolling guide price: 21100 yuan / ton for 304 material 4-12mm and 21300 yuan / ton for 14mm; 21800 yuan / ton for 16mm; 316L material: 31200 yuan / ton for 4-12mm and 31600 yuan / ton for 14mm; 16mm 32100 yuan / ton; 2205 hot rolled white skin coil 30900 yuan / ton.

3. Qingshan hot rolling: 304 material 20400 yuan / ton;

4. Zhangpu guidance price;: 304 material 21200 yuan / ton, 321 hot rolling 24700 yuan / ton; 316L hot rolling 31200 yuan / ton.

3、 Reference price of stainless steel pipe rod

1. Price: s365-0400 tons of Qingshan steel,; 316L material 29500 yuan / ton, TP321 material 22000 yuan / ton, 321 material 20800 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 sealing plate] s22053 material 27700 yuan / ton, 310S material 40400 yuan / ton.

3. [Delong round steel ￠ 65-130 sealing plate] the price is 20600 yuan / ton for s30400 material and 29200 yuan / ton for 316L material.

4. [Yongxing bar ￠ 65-130 tube blank sealing plate] 304 material 21300 yuan / ton, TP321 material 24500 yuan / ton, 316L material 32000 yuan / ton, 316gb material 35800 yuan / ton, s2205 material 30300 yuan / ton.

5. [Huaxin Lihua ￠ 65-130] s30400 material 22500 yuan / ton, 316ls material 32000 yuan / ton, 32107 material 25000 yuan / ton.

6. [UBS round steel ￠ 65-130 sealing plate] 17-4PH material 16500 yuan / ton, 347 material 24000 yuan / ton, 316Ti material 28000 yuan / ton, 1.4571 material 29500 yuan / ton, 317L material 33000 yuan / ton, s22053 material 25800 yuan / ton, s25073 material 32800 yuan / ton, F55 material 35500 yuan / ton, 310S material 41500 yuan / ton, 254SMO material 62000 yuan / ton, 904L material 62500 yuan / ton, 825 material 90000 yuan / ton, 400 material 180000 yuan / ton, 625 material 170000 yuan / ton, 718 material 150000 yuan / ton, 800H material 65000 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 - 32.6 yuan / kg;

Stainless steel seamless pipe s31603 material, specification 25 * 2 * 6000 cold drawn pipe, pickling and weighing delivery - 44.5 yuan / kg;

Stainless steel seamless pipe s32168 material, specification 25 * 2 * 6000 cold drawn pipe, pickling and weighing delivery - 36 yuan / kg;

Stainless steel welded pipe 30408 material, specification 219-813 * 4-6, pickling and weighing delivery - 27.5 yuan / kg;

Stainless steel welded pipe s31603 material, specification 219-813 * 4-6, pickling and weighing delivery - 39.6 yuan / kg;

Stainless steel welded pipe 32168 material, specification 219-813 * 4-6, pickling and weighing delivery - 33.7 yuan / kg;

4、 Market analysis

"Nickel" has many obstacles. After five consecutive falls, it rose by two limits, and Lun nickel fluctuated violently! The current price is far from the scope of supply and demand, in a serious irrational state, and the downstream has suffered a large loss. It is recommended to be treated with caution.

The gap caused by Russian nickel may change in the long run, but now it is a vertical target, waiting for capital to play. According to the data released by the international nickel Research Organization (insg) on Monday (March 21), there may be a supply shortage of 157100 tons in the global nickel market this year. The obstacle now is that other countries need to fill in the gap of Russias exit while meeting the growing demand of the global market. Its a little tricky.

At present, the electroplating and stainless steel industries have poor acceptance of the current nickel price, delay replenishment and are in the state of just needing replenishment. The midstream nickel sulfate enterprises have also raised their quotation and asked for profits from the downstream. In the long run, although LMEs trading environment will be gradually repaired, this fluctuation will still cause emotional damage to trading participants, and other metal varieties will also be affected.

Stainless steel futures prices are once again dominated by lunni, which is out of the scope of fundamentals in the short term and in an irrational state. In addition, there may be concerns about the current consumption being dragged down by the epidemic. It is suggested to wait and see for the future market to return to rationality and treat it with the idea of bargain hunting. In terms of supply and demand, the current cost of stainless steel is high, but the consumption is weak, and the supply and demand are at an impasse. In March and April, the supply of nickel and iron at the raw material end was tight. Although the stainless steel production capacity showed an expansion trend, the raw materials formed a certain restriction on the supply. The domestic stable growth environment boosted the future stainless steel consumption, and the overall supply and demand of stainless steel was optimistic.

Stainless steel pipe manufacturers are deeply troubled by nickel barrier. If production orders are not received, so many workers need to be supported, and the cost is not a small amount. Then Im afraid its too late to order materials, and the sharp rise in unit price leads to losses. Inventory manufacturers are also distressed. If the incoming materials meet the production, they are afraid to be the receiver in the future. There are so many workers to eat without feeding; Insufficient materials not only cant feed the workers, but also such a high price may be the successor in the future.

On Sunday (March 20), Australia announced a ban on the export of alumina and aluminum ore, including bauxite, to Russia, triggering a sharp rise in global aluminum prices on Monday. Following the "demon nickel" and "crazy aluminum", metal swept the headlines again. However, Russia is not only a major exporter of nickel and aluminum, but also occupies a key position in the global trading of other metals, such as palladium, copper, antimony and beryllium. As the ban on Russia by European and American countries increases day by day, the global metal pattern is shifting. Assuming that Russia is out, will we usher in a comprehensive production reduction or witness other countries take advantage of the situation?