1、 Raw material report:

1. Nickel: on July 26, the three-month closing price of London nickel was $21571, down $657, or 2.96%. Shanghai nickels latest consecutive price was 172890 yuan, down 2350 yuan, or 1.34%. Sichuan high carbon ferrochromium fecr55c1000 (50 basis) 8400 yuan /50 basis tons. Luoyang ferromolybdenum femo60 is 165000 yuan / ton.

2. Stainless steel continuous: the latest price is 15645 yuan, down 10 yuan, down 0.06%. The position is 49143 and the trading volume is 29963.

3. Dainan waste stainless steel price

201 old pipe 4800-5000304 industrial 12000-12100304 shavings 11100-11200;

316 shavings 17500-17700316 large furnaces 18400-18600310 clinker 29800-30000;

430 film free 4500-4600431 return 3850-4050

2、 Reference price of Wuxi stainless steel coil

1. TISCO hot rolling guide price:

300 hot rolling series: 304/no 1 18600 yuan / ton; 321/ 22600 yuan / ton of No.1; 28300 yuan / ton of 316l/no.1.

Medium plate (trim, thickness: 14-20mm, width: 1500mm) 304 material - 21200 yuan / ton, 321 material 27400 yuan / ton, 316L material 31900 yuan / ton.

2. Dongte hot rolling guide price: 16400 yuan / ton for 304 material 4-12mm, 16600 yuan / ton for 14mm; 17100 yuan / ton of 16mm; 316L material 4-12mm 26000 yuan / ton, 14mm 26400 yuan / ton; 26900 yuan / ton for 16mm;

3. Jiuquan Iron and steel 2205 hot rolling 30000 yuan / ton, dongte 2205 hot rolling 27000 yuan / ton.

4. Qingshan hot rolling: 304 material 16100 yuan / ton;

5. Zhangpu guidance price;: 304 material 17000 yuan / ton, 321 hot rolling 20700 yuan / ton; 316L hot rolling 26900 yuan / ton.

3、 Reference price of stainless steel tube and rod

1. [July futures price of Qingshan round steel ￠ 65-130] price s30400 material 16300 yuan / ton,; 316L material 24500 yuan / ton, TP321 material 18800 yuan / ton, 321 material 17600 yuan / ton, s22053 material (electrical connection) 26300 yuan / ton, 310S material (electrical connection) 45200 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 s30400 material 15800 yuan / ton, 316L material 24300 yuan / ton.

3. [Yongxing bar ￠ 65-130] 304 material 19800 yuan / ton, TP321 material 23100 yuan / ton, 316L material 31000 yuan / ton, 316gb material 35000 yuan / ton, s22053 material 31000 yuan / ton.

4. [Huaxin Lihua ￠ 65-130] s30400 material 21000 yuan / ton, 316ls material 31100 yuan / ton, 32107 material 23400 yuan / ton.

5. [Guoqing round steel ￠ 65-130] s22053 material 25100 yuan / ton (electronic discussion), s31008 material 40600 yuan / ton (electronic discussion).

6. [reference price of Zhejiang Benji pipe]

Stainless steel seamless pipe 30408 material, specification 25*2*6000 cold drawn pipe pickling weighing delivery - 28.5 yuan /kg;

Stainless steel seamless pipe s31603 material, specification 25*2*6000 cold drawn pipe pickling weighing delivery - 39 yuan /kg;

Stainless steel seamless pipe s32168 material, specification 25*2*6000 cold drawn pipe pickling weighing delivery - 32.2 yuan /kg;

Stainless steel welded pipe 30408 material, specification 219-813*4-6 pickling and weighing delivery - 22.8 yuan /kg;

Stainless steel welded pipe s31603 material, specification 219-813*4-6 pickling and weighing delivery - 34.4 yuan /kg;

Stainless steel welded pipe 32168 material, specification 219-813*4-6, pickling and weighing delivery - 30.1 yuan /kg.



4、 Statistical data

According to Mysteel research and Statistics:

On July 21, 2022, the social inventory of stainless steel in the national mainstream market was 900242 tons, an increase of 38741 tons over last week, an increase of 4.50%, of which:

The total inventory of cold-rolled stainless steel was 432742 tons, an increase of 28133 tons or 6.95% over the previous week;

The total inventory of hot-rolled stainless steel was 467500 tons, an increase of 10608 tons or 2.32% over the previous week;

The total inventory of 200 series is 147352 tons, an increase of 3309 tons or 2.30% over the previous week;

300 series: the total inventory was 451551 tons, an increase of 33528 tons or 8.02% over the previous week;

The total inventory of 400 series is 301339 tons, an increase of 1904 tons or 0.64% over last week.

Wuxi inventory was 475034 tons, an increase of 20835 tons over last week, an increase of 4.59%.

Foshans inventory was 184650 tons, an increase of 13046 tons or 7.60% over last week.

The inventory of Zibo, Jieyang, Shenyang and Xian was 240558 tons, an increase of 4860 tons or 2.069% over the previous week.



5、 Market analysis

The supply of nickel ore in the Philippines began to pick up, the import price of nickel ore fell, and the output of domestic refineries increased rapidly; The export of nickel products in Indonesia has increased significantly, among which the supply of high matte nickel has increased significantly, which is expected to alleviate the tight domestic supply situation. The downstream stainless steel profit shrinks and the output decreases slightly; However, the demand for new energy vehicles has improved significantly, and the demand for nickel from batteries has a certain support. Recently, the inventory in the global nickel market has decreased significantly, and the tight supply situation is heating up.

The short-term supply and demand of 304 stainless steel are both weak. The loss of steel mills leads to the decline of production, while the consumption is weak in the continuous decline of prices, and the overall supply and demand performance is weak. However, under the current price, the profit situation of stainless steel plants and domestic ferronickel plants is poor, and it is difficult for the mining end to continue to make profit. The short-term price has fallen to the support level of industrial cost, so it is not appropriate to be overly pessimistic.

In terms of the middle line, 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 supply of stainless steel is gradually abundant, limiting the upward space of prices; However, as the downstream has been in a low inventory state for a long time, with the price falling sharply from the high level, if the macro sentiment changes in the later stage

If the impact of the epidemic is alleviated, consumption may be expected to improve; The midline price is expected to be weak and volatile under the same increase in supply and demand. If the impact of the epidemic is alleviated, consumption may be expected to improve; The midline price is expected to be weak and volatile under the same increase in supply and demand.