1、 Raw material report:

1. Nickel: On November 22, the three-month closing price of nickel in London was US $26022, up US $1039, or 4.16%. The latest price of nickel in Shanghai was RMB 202980, up 4160, or 2.09%. Shanghai high carbon ferrochrome FeCr55C1000 (50 basis) 8400 yuan/50 basis tons. 220000 yuan/ton of Luoyang ferromolybdenum FeMo60.

2. Stainless steel: The latest price on the 17th was 16885 yuan, up 80 yuan or 0.48%. There were 33183 positions and 33292 transactions.

3. Price of Dainan waste stainless steel

201 Old pipe 5300-5400; 304 industrial 12100-12200304 new material 12300-12500304 shavings 11200-11400.

316 shavings 18800-18900; 316 large furnace 20000-20100; 310 Clinker 30200-30400;

430 filmless 4600-4700431 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 17600 yuan/ton for 1; RMB 20900/ton for 321/NO.1; 28400 yuan/ton for 316L/NO.1.

Medium plate (trimming, thickness: 14-20mm, width: 1500mm) 304 material - 19900 yuan/ton, 321 material 26600 yuan/ton, 316L material 31200 yuan/ton.

2. The guide price of Dongte hot rolling: 16500 yuan/ton for materials of 304 4-12mm, 16700 yuan/ton for materials of 14mm; 17200 yuan/ton for 16mm; S31603 material: 28000 yuan/ton for 4-12mm, 28400 yuan/ton for 14mm; 28900 yuan/ton for 16mm;

3. Jiuquan Iron and Steel 2205 hot rolling 29000 yuan/ton; Dongte 2205 hot rolling is 28600 yuan/ton.

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

5. Guiding price of Zhangpu 17300 yuan/ton for 304 material, 20000 yuan/ton for 321 hot rolling; 316L hot rolling 28500 yuan/ton.

3、 Reference price of stainless steel tube and bar

1. [Qingshan round steel futures price in January ￠ 65-130] S30400, 17200 yuan/ton,; 316L material is 27000 yuan/ton, TP321 material is 19700 yuan/ton, 321 material is 18500 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 17000 yuan/ton for S30400 material and 26600 yuan/ton for 316L material.

3. [Yongxing rod ￠ 65-130] 304 material 19300 yuan/ton, TP321 material 22000 yuan/ton, 316L material 31500 yuan/ton, 316GB material 35500 yuan/ton, S22053 material 31500 yuan/ton.

4. [Huaxin Lihua ￠ 65-130] S30400 material is 20200 yuan/ton, 316LS material is 31200 yuan/ton, 32107 material is 22500 yuan/ton.

6. [Guoqing ￠ 65-130] S22053 material is 26200 yuan/ton, 310S material is 41500 yuan/ton.

5. [Reference price of Zhejiang Benji pipes]

Stainless steel seamless pipe 30,408 material, specification 25 * 2 * 6000 cold drawn pipe, acid pickling, weighing delivery - 29.4 yuan/kg;

Stainless steel seamless tube S31603 material, specification 25 * 2 * 6000 cold drawn tube, acid pickling, weighing delivery -- 42.1 yuan/kg;

Stainless steel seamless tube S32168 material, specification 25 * 2 * 6000 cold drawn tube, acid pickling, weighing delivery - 32.8 yuan/kg;

Stainless steel welded pipe 30408, specification 219-813 * 4-6, pickled, weighed and delivered - 23 yuan/kg;

Stainless steel welded pipe S31603 material, specification 219-813 * 4-6, acid pickling, weighing delivery - 36.5 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 November 17, 2022, the social inventory of stainless steel in the national mainstream market will be 671829 tons, an increase of 21630 tons over the previous week, or 3.33%, of which:

The total inventory of cold rolled stainless steel was 341,210 tons, an increase of 23,341 tons over the previous week, or 7.34%;

The total inventory of hot rolled stainless steel was 330619 tons, down 1711 tons or 0.51% from last week;

The total inventory of 200 series was 108,754 tons, an increase of 2094 tons or 1.96% over the previous week;

The total inventory of 300 series is 393908 tons, 8226 tons more than that of last week, with a growth rate of 2.13%;

The 400 series inventory totaled 169167 tons, 11310 tons more than last week, or 7.16% more.

Wuxis inventory was 428744 tons, an increase of 12836 tons or 3.09% over the previous week.

Foshans inventory was 107523 tons, 893 tons less than last week, a decrease of 0.82%.

The inventory of Zibo, Jieyang, Shenyang and Xian was 135562 tons, an increase of 9687 tons or 7.70% over the previous week.

5、 Market analysis

According to the Indonesian investigative media Tempo, the WTO said that Indonesias ban on nickel exports violated the regulations. Indonesia appealed against this decision.

Federal Reserve officials released hawkish signals that the terminal interest rate of the Federal Reserve may rise and the dollar index will strengthen; In addition, the aggravation of the epidemic in China has raised concerns about the economic outlook. Fundamentally, the import of upstream nickel ore began to decline on a month on month basis, but the import price of nickel ore fell back, the supply of raw materials was OK, and the domestic refined nickel output remained at a high level.

On the 21st, Jiangsu Delong Xiangshui No. 2 Steelmaking Co., Ltd. began to stop production of two AOD furnaces, which is expected to stop production for about a month, affecting the output of 80000 to 100000 tons. It is understood that the production of two hot rolling pickling lines in Phase I of Delong Xiangshui was stopped last week. According to the news, Delong Danan will also stop production, which is expected to stop production for about a month, affecting the output of 40000 to 50000 tons. Delong stopped production for maintenance, resulting in a shortage of some specifications and boosting the price of stainless steel. However, the spot price of stainless steel actually has a limited boost. On the contrary, some businesses cut their profits to ship, mainly due to the epidemic situation and the low demand season. The actual demand is weak, and the price of stainless steel is difficult to get a substantial boost. Both supply and demand are weak, and the price of stainless steel is expected to fluctuate slightly in the short term.