1、 Raw material report:

1. Nickel: on August 8, the three-month closing price of London nickel was US $21685, down US $531, down 2.39%. The latest price of Shanghai nickel was 168000, down 3520, down 2.02%. Shanghai high carbon ferrochromium fecr55c1000 (50 basis) 8300 yuan / 50 basis tons. 158000 yuan / ton of Luoyang ferromolybdenum femo60.

2. Stainless steel continuous: the latest price was 15710 yuan, down 325 yuan, down 2.03%. The position was 56924 and the trading volume was 48244.

3. Danan waste stainless steel price

201 old pipe 4850-4850304 industrial 11700-11800304 shaving 11000-11200;

316 shaving 16700-16800316 large furnace 17600-17700310 clinker 29800-30000;

430 no film 4300-4400431 return material 3850-4050

2、 Reference price of Wuxi stainless steel plate coil

1. TISCO hot rolling guide price:

300 hot rolling series: 304 / No 18100 yuan / ton for 1; 321 / No.1: 22100 yuan / ton; 27300 yuan / ton for 316L / No.1.

Medium plate (trimming, thickness: 14-20mm, width: 1500mm) 304 material - 21000 yuan / ton, 321 material 27200 yuan / ton, 316L material 31700 yuan / ton.

2. Dongte hot rolling guide price: 15900 yuan / ton for 304 material 4-12mm, 16100 yuan / ton for 14mm; 16600 yuan / ton for 16mm; 316L material: 25000 yuan / ton for 4-12mm and 25400 yuan / ton for 14mm; 16mm 25900 yuan / ton;

3. Jiuquan Iron and steel 2205 hot rolling is 29000 yuan / ton, and dongte 2205 hot rolling is 27000 yuan / ton.

4. Qingshan hot rolling: 304 material 15700 yuan / ton;

5. Zhangpus guiding price: 304 material 16800 yuan / ton, 321 hot rolling 20200 yuan / ton; 316L hot rolling 26200 yuan / ton.

3、 Reference price of stainless steel pipe rod

1. [Qingshan round steel August futures price ￠ 65-130] price s30400 material 15600 yuan / ton,; 316L material 24300 yuan / ton, TP321 material 17900 yuan / ton, 321 material 16700 yuan / ton, s22053 material (ITU) 24000 yuan / ton, 310S material (ITU) 40300 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 15600 yuan / ton, 316L material 24000 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 is 19800 yuan / ton, 316ls material is 29400 yuan / ton, and 32107 material is 22200 yuan / ton.

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

6. [Zhejiang Benji pipe reference price]

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

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

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

Stainless steel welded pipe 30408 material, specification 219-813 * 4-6 pickling and weighing delivery - 22.4 yuan / kg;

Stainless steel welded pipe s31603 material, specification 219-813 * 4-6 pickling and weighing delivery - 33.4 yuan / kg;

Stainless steel welded pipe 32168 material, specification 219-813 * 4-6 pickling and weighing delivery - 29.6 yuan / kg.



4、 Statistics

According to Mysteel research and Statistics:

On August 4, 2022, the social inventory of stainless steel in the national mainstream market was 879492 tons, a decrease of 8669 tons or 0.98% over the previous week, including:

The total inventory of cold-rolled stainless steel was 421739 tons, an increase of 13335 tons over the previous week, an increase of 3.27%;

The total inventory of hot rolled stainless steel was 457753 tons, a decrease of 22004 tons or 4.59% over the previous week;

The total inventory of 200 series is 134672 tons, a decrease of 9208 tons over last week, a decrease of 6.40%;

The total inventory of 300 series is 456626 tons, an increase of 20146 tons over the previous week, an increase of 4.62%;

The total inventory of 400 series is 288194 tons, a decrease of 19607 tons over last week, a decrease of 6.37%.

Wuxis inventory was 453412 tons, 3389 tons less than last week, a decrease of 0.74%.

Foshans inventory was 187232 tons, an increase of 10005 tons over the previous week, an increase of 5.65%.

The inventory of Zibo, Jieyang, Shenyang and Xian was 238848 tons, a decrease of 15285 tons over last week, an increase of 6.01%.



5、 Market analysis

The supply of nickel ore in the Philippines began to rise, the import price of nickel ore fell, and the output of domestic refineries showed a rapid growth; The export of Indonesian nickel products has increased significantly, among which the supply of high nickel matte has increased significantly, which is expected to ease the tight domestic supply.

Against the background of weak consumption of stainless steel, the demand for pure nickel is mainly supported by the alloy plate. Although there is a strong demand for military alloys, the demand for civil alloys began to weaken rapidly this week, leading to the weak operation of electrolytic nickel prices. At present, domestic consumption is still in the repair stage, and it is expected that spot prices will continue to operate in a weak manner.

Affected by weather factors, from July 28 to August 3, the month on month delivery of nickel and iron in Indonesia decreased by more than 80%. However, with the arrival of earlier ships, the arrival of nickel and iron continued to increase. Therefore, the expectation of alleviating the supply surplus is still delayed.

In terms of stainless steel, although the market has risen this week, the fundamentals are still weak, and the market is in a strong wait-and-see mood. On the supply side, in August, the stainless steel plant continued to reduce production, and most traders maintained low inventory. On the demand side, most of the transactions in the week are mainly bulk orders or processing orders. Affected by the rise of the market, some traders raised the spot price, but the acceptance of the consumer side was significantly worse. Therefore, the current spot sales are mainly based on a small margin of profit.

The nickel industry chain continues to be weak, and the terminal weakness leads to continuous negative feedback. With the stronger expectation of interest rate increase, Shanghai nickel may be under pressure to operate. The stainless steel plate has rebounded recently, so the opportunity to sell short at high prices can be considered.