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Global nickel inventory remains low, and stainless steel is difficult to become a unilateral trend
Postdate:2022-06-07 Views:1371
1、 Raw material report:

1. Nickel: on June 7, the three-month closing price of London nickel was $29701, up $1582, or 5.63%. The latest price of Shanghai nickel was $222550, up $2378, or 1.08%. Domestic high carbon ferrochromium fecr55c1000 (50 basis) in Jiangsu, Zhejiang and Shanghai is 9200 yuan /50 basis ton. The price of Shanghai ferromolybdenum femo60 was 169500 yuan / ton, down 900 yuan.

2. Continuous stainless steel: the latest price is 18600 yuan, up 180 yuan, or 0.68%. 51379 positions and 33919 turnover.

3. Price of Dainan waste stainless steel

201 old pipe 6100-6200304 industrial 13800-14100304 new material 13700-13900304 shavings 12700-12900;

316 shavings 19600-19800316 large furnace 20500-20600310 clinker 31100-31300;

430 no film 4900-5100431 returned material 4100-4300

2、 Reference price of Wuxi stainless steel coil

1. Hot rolling guide price of TISCO:

300 hot rolling series: 21300 yuan / ton of 304/no.1; Rmb25300 / ton of 321/no.1; 31100 yuan / ton of 316l/no.1.

Medium plate (trim, thickness: 14-20mm, width: 1500mm) 304 material - 24700 yuan / ton, 321 material 30900 yuan / ton, 316L material 36100 yuan / ton.

2. Dongte hot rolling guide price: 19400 yuan / ton for 304 material 4-12mm, 19600 yuan / ton for 14mm; 16mm 20100 yuan / ton; 316L material 4-12mm 30100 yuan / ton, 14mm 30500 yuan / ton; 16mm 31100 yuan / ton;

3. Jiuquan Iron and steel 2205 hot rolling 32000 yuan / ton, dongte 2205 hot rolling 30400 yuan / ton.

4. Qingshan hot rolling: 304 material 18800 yuan / ton;

5. Zhangpu guidance price;: 304 material 19600 yuan / ton, 321 hot rolling 23000 yuan / ton; 316L hot rolling 29900 yuan / ton.

3、 Reference price of stainless steel tube and rod

1. [June price of Qingshan round steel ¢ 65-130] price s30400 material 18200 yuan / ton,; 316L material 27600 yuan / ton, TP321 material 20700 yuan / ton, 321 material 19500 yuan / ton. 304 raw pipe round steel price +800316l raw pipe round steel price +900321 raw pipe round steel price +850.

2. [Delong round steel ¢ 65-130] price: 18000 yuan / ton for s30400 material and 27500 yuan / ton for 316L material.

3. [Yongxing bar ¢ 65-130] 304 material: 21800 yuan / ton, TP321 material: 25400 yuan / ton, 316L material: 33500 yuan / ton, 316gb material: 38100 yuan / ton, s22053 material: 32000 yuan / ton.

4. [Huaxin Lihua ¢ 65-130] the s30400 material is 22500 yuan / ton, the 316ls material is 32800 yuan / ton, and the 32107 material is 24900 yuan / ton.

5. [reference price of Zhejiang Benji pipe]

Stainless steel seamless pipe 30408 material, specification 25*2*6000 cold drawn pipe pickling and weighing delivery - 31 yuan /kg;

Stainless steel seamless pipe s31603 material, specification 25*2*6000 cold drawn pipe, pickling and weighing delivery - 43.1 yuan /kg;

Stainless steel seamless pipe s32168 material, specification 25*2*6000 cold drawn pipe, pickling and weighing delivery - 34.6 yuan /kg;

Stainless steel welded pipe 30408 material, specification 219-813*4-6 pickling and weighing delivery - 25.8 yuan /kg;

Stainless steel welded pipe s31603 material, specification 219-813*4-6 pickling and weighing delivery - 38.5 yuan /kg;

Stainless steel welded pipe 32168 material, specification 219-813*4-6 pickling and weighing delivery - 31.4 yuan /kg;

4、 Statistics

According to the social inventory statistics of stainless steel surveyed by Mysteel:

On June 2, the total social inventory of stainless steel in the national mainstream market was 900416 tons, a decrease of 14164 tons or 1.55% compared with last week, and an increase of 15.74% year-on-year. Of which:

1. Cold rolled stainless steel inventory totaled 541010 tons, down 59159 tons, or 3.51%; The inventory of hot rolled stainless steel totaled 359406 tons, an increase of 5495 tons, or 1.55%.

2. 200 refers to the total inventory of 142525 tons, an increase of 3617 tons, an increase of 2.65%;

3. 300 refers to the total inventory of 526080 tons, a decrease of 23066 tons or 4.20%;

4. 400 is the total inventory of 231811 tons, an increase of 5285 tons, an increase of 2.33%.

5. The total inventory in Wuxi market was 5559127 tons, a decrease of 144853 tons, or 2.54%.

6. The total inventory in Foshan market was 179762 tons, an increase of 2508 tons, an increase of 1.41%.

7. The total inventory of Jieyang, Zibo, Shenyang and Xian markets was 164742 tons, a decrease of 2187 tons or 1.31%.

5、 Market analysis

The supply of nickel ore in the Philippines began to pick up, and the domestic supply of nickel ore showed a recovery trend; At the same time, Indonesias nickel product exports have increased significantly, which may alleviate the tight supply situation. The downstream new energy sector began to weaken due to the impact of the epidemic, and the future market is expected to gradually improve; However, global inventories remained low, which strongly supported nickel prices.

However, the stainless steel profit shrinks and the output decreases, which may gradually increase the demand. 300 series stainless steel has abundant production capacity and great supply elasticity. After the problem of raw materials is solved in the later stage, the stainless steel supply is gradually abundant, limiting the upward space of prices; However, with the recovery of macro sentiment, the impact of the epidemic has eased, and consumption is expected to improve; The contradiction between supply and demand of stainless steel is not prominent, and it is difficult to form a unilateral trend.
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