1、 Raw material report:

1. Nickel: on May 7, the three-month closing price of London nickel was US $30076, down US $38, or 0.13%. The latest price of Shanghai nickel was 214200 yuan, down 1400 yuan, or 0.65%. Domestic high carbon ferrochrome fecr55c1000 (50 basis) in Jiangsu, Zhejiang and Shanghai is 10000 yuan / 50 basis ton. Shanghai ferromolybdenum femo60 is 182500 yuan / ton.

2. Stainless steel continuous: the latest price is 19220 yuan, up 125 yuan, up 0.65%. The position is 58180 and the trading volume is 52937.

3. Price of Dainan waste stainless steel

201 old pipe 6200-6300304 industrial 14400-14500304 new material 14500-14600304 shavings 13500-13700;

316 shavings 20100-20200316 large furnace 21700-21800310 clinker 31700-31800;

430 no film 4750-4850431 return 4250-4450

2、 Wuxi stainless steel coil reference price

1. TISCO hot rolling guide price:

300 hot rolling series: 22200 yuan / ton of 304 / No.1; 26500 yuan / ton of 321 / No.1; 32600 yuan / ton of 316L / No.1.

Medium plate (trimming, thickness: 14-20mm, width: 1500mm) 304 material - 24800 yuan / ton, 321 material 31000 yuan / ton, 316L material 36300 yuan / ton.

2. Dongte hot rolling guide price: 20700 yuan / ton for 304 material 4-12mm and 20900 yuan / ton for 14mm; 21400 yuan / ton for 16mm; 316L material: 31200 yuan / ton for 4-12mm and 31600 yuan / ton for 14mm; 16mm 32100 yuan / ton;

3. Jiuquan Iron and steel 2205 hot rolling 32000 yuan / ton, dongte 2205 hot rolling 31500 yuan / ton.

4. Qingshan hot rolling: 304 material 19800 yuan / ton;

5. Zhangpu guidance price;: 304 material 20300 yuan / ton, 321 hot rolling 23900 yuan / ton; 316L hot rolling 30700 yuan / ton.

3、 Reference price of stainless steel pipe rod

1. [May price of Qingshan round steel ￠ 65-130] price s30400, material 20200 yuan / ton,; 316L material 29900 yuan / ton, TP321 material 22300 yuan / ton, 321 material 21100 yuan / ton. 304 raw pipe round steel price + 800316l raw pipe round steel price + 900321 raw pipe round steel price + 850.

2. [the May futures price of Guoqing special round steel ￠ 65-130 shall prevail] s22053 material is 28200 yuan / ton, and 310S material is 45600 yuan / ton.

3. [Delong round steel ￠ 65-130] price: RMB 20000 / ton for s30400 material and RMB 29000 / ton for 316L material.

4. [Yongxing bar ￠ 65-130] 304 material 22800 yuan / ton, TP321 material 26400 yuan / ton, 316L material 35000 yuan / ton, 316gb material 39600 yuan / ton, s2205 material 32500 yuan / ton.

5. [Huaxin Lihua ￠ 65-130] s30400 material 22800 yuan / ton, 316ls material 33100 yuan / ton, 32107 material 25200 yuan / ton.

6. [Xinchen round steel ￠ 65-130 price negotiation] 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 - 27.1 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、 Statistics

According to Mysteel survey data:

1. Domestic stainless steel crude steel output:

In April 2022, the crude steel output of 40 new caliber stainless steel plants was 3051900 tons, with a month on month decrease of 1.68 and a year-on-year decrease of 0.13%. Of which:

200 series of 993000 tons, with a month on month increase of 4.79% and a year-on-year increase of 7.30%;

300 series of 1.477 million tons, with a month on month decrease of 3.58% and a year-on-year decrease of 1.75%;

400 series 581900 tons, with a month on month decrease of 6.84% and a year-on-year decrease of 7.22%.

2. Crude stainless steel production in Indonesia:

In April 2022, the output of stainless steel crude steel in Indonesia was 427000 tons (300 Series), with a month on month increase of 4.91% and a year-on-year increase of 6.75%.

3. Stainless steel social inventory statistics:

On May 5, the total social inventory of stainless steel in the national mainstream market was 909700 tons, an increase of 46100 tons compared with last week, a weekly increase of 5.34% and a year-on-year increase of 4.57%. Among them, the total inventory of 300 series was 577500 tons, with a weekly increase of 5.61% and a year-on-year increase of 37.79%.

4. Stainless steel bar output:

In April 2022, the total output of bars from 18 domestic stainless steel plants was 175600 tons, with a month on month decrease of 7.34% and a year-on-year decrease of 24.44%. Among them, the output of 200 lines was 4400 tons, with a month on month decrease of 45%; 300 series 156200 tons, a month on month decrease of 6.11%; 400 series 16000 tons, a month on month decrease of 1.23%.



5、 Market analysis

At present, the domestic economy is facing great downward pressure, and the steady growth policies of all parties are constantly increasing. The Political Bureau held a meeting to speed up the implementation of the determined policies, implement the tax rebate, tax reduction and fee reduction policies, and make good use of various monetary policy tools. At the same time, we should pay close attention to the planning of incremental policy tools, strengthen contingent regulation, and grasp the advance and redundancy of the policy under the guidance of objectives. This shows that the steady growth policy that has been introduced will accelerate the speed of implementation, and the follow-up policy will also accelerate the launch. The pace of "double fast" will make the "steel demand" delayed by the epidemic return.

On May 5, the Federal Reserve announced a 50 basis point increase in interest rates, the largest increase since 2000. At the same time, it announced a plan to reduce its balance sheet of $8.9 trillion. On June 1, it began to shrink the balance sheet at a pace of $47.5 billion a month, and gradually raised the upper limit of shrinking the balance sheet to $95 billion a month within three months.

The short-term supply and demand of stainless steel is weak, the consumption is depressed under the high price and the suppression of the epidemic, the inventory shows an anti seasonal accumulation, the 300 series cold rolling inventory has reached a record high, and the short-term price is weak. With the gradual decline of nickel price, the price of stainless steel may gradually lose its support and move down. However, there are still some bright spots in the supply and demand of stainless steel. The profit of stainless steel plants is poor, the downstream is in a state of low inventory, the overseas price is strong, and the export profit is good. Once the impact of the epidemic on consumption is alleviated, the demand will pick up