1、 Raw material report:

1. Nickel: On October 26, the three-month closing price of nickel in London was 22670 dollars, up 348 dollars, or 1.56%. The latest price of nickel in Shanghai was 189150 yuan, down 400 yuan, or 0.21%. Shanghai high carbon ferrochrome FeCr55C1000 (50 basis) 8600 yuan/50 basis tons. 213000 yuan/ton of Luoyang ferromolybdenum FeMo60.

2. Stainless steel: The latest price on the 17th was 17365 yuan, up 40 yuan or 0.23%. There were 83267 positions and 44577 transactions.

3. Price of Dainan waste stainless steel

201 Old pipe 5500-5600; 304 Industrial 12400-12500304 New material 12800-12900304 Shavings 11200-11400.

316 shavings 19100-19200; 316 large furnace 21000-21100; 310 Clinker 30200-30400;

430 filmless 4500-4600431 recycled material 3850-4050

2、 Reference price of Wuxi stainless steel coil

1. The guide price of hot rolling at TISCO rises by 100 yuan:

300 hot rolling series: 304/NO RMB18400/ton; RMB 21500/ton for 321/NO.1; 29000 yuan/ton for 316L/NO.1.

Medium plate (trimming, thickness: 14-20mm, width: 1500mm) 304 material - 20200 yuan/ton, 321 material 26900 yuan/ton, 316L material 31500 yuan/ton.

2. The guide price of Dongte hot rolling: 17200 yuan/ton for materials of 304 4-12mm, 17400 yuan/ton for materials of 14mm; RMB17900/ton for 16mm; S31603 material: 28800 yuan/ton for 4-12mm, 29200 yuan/ton for 14mm; RMB 29700/ton for 16mm;

3. Jiuquan Iron and Steel 2205 hot rolling 29200 yuan/ton; Dongte 2205 hot rolling is 28900 yuan/ton.

4. Qingshan hot rolling: 304 material 17000 yuan/ton;

5. Guiding price of Zhangpu 18100 yuan/ton for 304 material, 20000 yuan/ton for 321 hot rolling; 316L hot rolling 28800 yuan/ton.

3、 Reference price of stainless steel tube and bar

1. [November futures price of Qingshan round steel ￠ 65-130] S30400, 17300 yuan/ton,; 316L material is 28000 yuan/ton, TP321 material is 19900 yuan/ton, 321 material is 18700 yuan/ton, 304 raw round steel price+800316L raw round steel price+900321 raw round steel price+850.

2. [Delong round steel ￠ 65-130] The price is 17100 yuan/ton for S30400 material and 27600 yuan/ton for 316L material.

3. [Yongxing rod ￠ 65-130] 304 material 19300 yuan/ton, TP321 material 22000 yuan/ton, 316L material 30000 yuan/ton, 316GB material 34000 yuan/ton, S22053 material 30000 yuan/ton.

4. [Huaxin Lihua ￠ 65-130] S30400 material 20000 yuan/ton, 316LS material 31600 yuan/ton, 32107 material 22000 yuan/ton.

6. [Guoqing ￠ 65-130] S22053 material is 26900 yuan/ton, 310S material is 41800 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 - 29.6 yuan/kg;

Stainless steel seamless tube S31603, specification 25 * 2 * 6000, cold drawn tube, pickled, weighed and delivered -- 43 yuan/kg;

Stainless steel seamless tube S32168, specification 25 * 2 * 6000, cold drawn tube, pickled, weighed and delivered - 33.4 yuan/kg;

Stainless steel welded pipe 30408 material, specification 219-813 * 4-6, acid pickling, weighing delivery - 23.6 yuan/kg;

Stainless steel welded pipe S31603 material, specification 219-813 * 4-6, pickled, weighed and delivered -- 37.2 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 October 20, 2022, the social inventory of stainless steel in the national mainstream market will be 698563 tons, 25660 tons less than last week, a decrease of 3.54%, including:

The total inventory of cold rolled stainless steel was 337605 tons, a decrease of 2128 tons or 0.63% compared with last week;

The total inventory of hot rolled stainless steel was 360958 tons, down 23532 tons or 6.12% from last week;

The total inventory of the 200 series was 136466 tons, a decrease of 1984 tons or 1.43% compared with last week;

The total inventory of 300 series is 375842 tons, 2992 tons less than last week, or 0.79% less;

The total inventory of 400 series is 186255 tons, a decrease of 20684 tons or 10.00% compared with last week.

Wuxis inventory was 417868 tons, an increase of 3066 tons or 0.74% over the previous week.

Foshans inventory was 140253 tons, down 1763 tons or 5.16% from last week.

The inventory of Zibo, Jieyang, Shenyang and Xian was 140442 tons, down 21094 tons or 13.06% from last week.

5、 Market analysis

The upstream nickel ore import began to decline month on month, but the nickel ore import price fell back, and the supply of raw material side was OK. The export of Indonesian nickel products was gradually released, with the export of high nickel matte and MHP accelerated. The downstream stainless steel production has increased, and the new energy market is strong, which supports the demand; At present, nickel inventory is still at a low level, market supply is tight, spot premium is high, and nickel price is expected to fluctuate strongly.

In recent days, the spot stainless steel has been mainly stable, medium and small, with no significant improvement on the demand side, and the purchase intention of the downstream market is low. In some areas, the epidemic prevention and control measures have become stricter and the logistics and transportation have been blocked. Near the end of the month, some merchants will deliver goods at a discount. However, at present, the market stock pressure is not large, and the stainless steel price is relatively firm due to the support of superimposed raw materials. It is expected that the stainless steel market will be dominated by short-term stability and minor adjustment.