1、 Raw material report:

1. Nickel: On October 7, the three-month closing price of nickel in London was 22487 dollars, down 2953 dollars, or 1.30%. The latest price of nickel in Shanghai was 184370 yuan, up 3840 yuan, or 2.13%. Shanghai high carbon ferrochrome FeCr55C1000 (50 basis) 8200 yuan/50 basis tons. 191000 yuan/ton of Luoyang FeMo60.

2. Stainless steel: The latest price on the 17th was 16750 yuan, up 190 yuan or 1.15%. 66182 positions and 95593 turnover.

3. Price of Dainan waste stainless steel

201 Old pipe 5450-5550304 Industry 12300-12400304 New material 12400-12600304 Shavings 11300-11400;

316 shavings 17700-17800316 large furnace 19300-19400310 clinker 29800-30000;

430 filmless 4500-4600431 recycled material 3850-4050

2、 Reference price of Wuxi stainless steel coil

1. Hot rolling guide price of TISCO:

300 hot rolling series: 304/NO 18500 yuan/ton for 1; 22900 yuan/ton for 321/NO.1; 28900 yuan/ton for 316L/NO.1.

Medium plate (trimming, thickness: 14-20mm, width: 1500mm) 304 material - 20500 yuan/ton, 321 material 26700 yuan/ton, 316L material 30400 yuan/ton.

2. The guide price of Dongte hot rolling: 16400 yuan/ton for materials of 304 4-12mm, 16600 yuan/ton for materials of 14mm; RMB 17100/ton for 16mm; RMB 27400/ton for 316L material 4-12mm, RMB 27800/ton for 14mm; 28300 yuan/ton for 16mm;

3. Jiuquan Steel 2205 hot rolling is 27500 yuan/ton, Dongte 2205 hot rolling is 27300 yuan/ton.

4. Qingshan hot rolling: 16300 yuan/ton for 304 material;

5. Guiding price of Zhangpu 17500 yuan/ton for 304 material, 19900 yuan/ton for 321 hot rolling; 316L hot rolling 27300 yuan/ton.

3、 Reference price of stainless steel tube and bar

1. [Qingshan round steel futures price in October ￠ 65-130] S30400, 16300 yuan/ton,; 316L material is 26400 yuan/ton, TP321 material is 19400 yuan/ton, 321 material is 18200 yuan/ton, S22053 material (ITU) is 24800 yuan/ton, 310S material (ITU) is 40800 yuan/ton. 304 round steel price of raw pipe+800316L round steel price of raw pipe+900321 round steel price of raw pipe+850.

2. [Delong round steel ￠ 65-130] The price is 16000 yuan/ton for S30400 material and 26100 yuan/ton for 316L material.

3. [Yongxing rod ￠ 65-130] 304 material 18800 yuan/ton, TP321 material 21500 yuan/ton, 316L material 29000 yuan/ton, 316GB material 32800 yuan/ton, S22053 material 29000 yuan/ton.

4. [Huaxin Lihua ￠ 65-130] S30400 material is 19600 yuan/ton, 316LS material is 29000 yuan/ton, 32107 material is 21800 yuan/ton.

6. [Guoqing ￠ 65-130] S22053 material is 26000 yuan/ton, 310S material is 41000 yuan/ton.

5. [Reference price of Zhejiang Benji pipes]

Stainless steel seamless pipe 30408 material, specification 25 * 2 * 6000 cold drawn pipe, acid pickling, weighing delivery - 29.2 yuan/kg;

Stainless steel seamless tube S31603 material, specification 25 * 2 * 6000 cold drawn tube, pickled and weighed delivery - 40.7 yuan/kg;

Stainless steel seamless tube S32168 material, specification 25 * 2 * 6000 cold drawn tube, acid pickling, weighing delivery - 32.7 yuan/kg;

Stainless steel welded pipe 30408 material, specification 219-813 * 4-6, acid pickling, weighing and delivery - 23.2 yuan/kg;

Stainless steel welded pipe S31603 material, specification 219-813 * 4-6, acid pickling, weighing delivery - 35.8 yuan/kg;

Stainless steel welded pipe 32168 material, specification 219-813 * 4-6, acid pickling, weighing delivery -- 29.4 yuan/kg.



4、 Statistics

According to Mysteel research statistics:

On September 30, 2022, the social inventory of stainless steel in the national mainstream market will be 693918 tons, 23463 tons less than last week, or 3.27% less, of which:

The total inventory of cold rolled stainless steel was 314337 tons, a decrease of 6177 tons or 1.93% compared with last week;

The total inventory of hot rolled stainless steel was 379541 tons, down 17286 tons or 4.36% from last week;

The total inventory of 200 series was 115149 tons, an increase of 4458 tons or 4.03% over the previous week;

The total inventory of 300 series is 348576 tons, a decrease of 25462 tons or 6.81% compared with last week;

The 400 series inventory totaled 230193 tons, down 2459 tons or 3.27% from last week.

Wuxis inventory was 387231 tons, down 24057 tons or 5.85% from last week.

Wuxi has 118432 tons of inventory, 1321 tons more than last week, up 1.13%.

The inventory of Zibo, Jieyang, Shenyang and Xian was 188256 tons, 727 tons less than last week, a decrease of 0.38%.

5、 Market analysis

LME issued an announcement, confirming that the exchange is considering issuing a market wide consultation document to solicit opinions on the continued acceptability of Russian metals in the market. At the same time, LME said that although it was considering a potential consultation document, it had not yet decided whether to issue such a document. On the one hand, if LME will not prohibit Russian metal trading, nonferrous metals may give up its gains last night; On the other hand, if LME completely prohibits Russian metal trading, the impact needs to be specifically assessed.

In September, the crude steel output of 40 domestic stainless steel plants was 2.6701 million tons, an increase of 284900 tons, expected to increase by 11.94% month on month (MoM). In September, the output of the whole series increased. It is mainly because the overall order receiving was poor in August. In addition, many steel plants were in a loss state, and there were many active production reductions; However, with the increase of production scheduling of steel mills in September and the return of Indonesian resources, the subsequent supply may increase.