Qingshan furnace material limited price procurement, stainless steel rebound is not small-Zhejiang Benji Stainless Steel Co., Ltd

1、 Raw Material Report:

1. Nickel: On April 12th, the three-month closing price of nickel in London was $23579, up $107 or 0.46%; The closing price of Shanghai Nickel 2305 was 181980 yuan, down 40 yuan, or 0.03%. Shanghai High Carbon Chromium Iron FeCr55C1000 (50 base) 8800 yuan/50 base tons. Luoyang molybdenum iron FeMo60 dropped by 2500 yuan or 1.31% to 188500 yuan/ton.

2. Stainless steel SS2305: On April 10th, its closing price was 15100 yuan, down 105 yuan, or 0.69%; The holding volume is 66205 hands and the trading volume is 66300 hands.

3. Price of Dainan waste stainless steel

201 New materials 5400-5500304 Industrial 10400-10500304 New materials 10600-10700304 Particleboard 9200-9300;

316 shavings 15800-15900316 large furnace 17200-17300310 clinker 26600-26800;

430 no film 4500-4600431 return material 3950-4050.

2、 Wuxi stainless steel plate coil reference price

1. Taiyuan Iron and Steel Hot Rolling Guiding Price:

300 hot rolled series: 16100 yuan/ton for 304/NO.1; 19600 yuan/ton for 321/NO.1; 26300 yuan/ton for 316L/NO.1.

Medium plate (cut edge, thickness: 14-20mm, width: 1500mm) 304 material -17400 yuan/ton, 321 material 23500 yuan/ton, 316L material 32700 yuan/ton.

2. Dongte Hot Rolling Guiding Price:

S30408 material: 14700 yuan/ton for 4-12mm, 14900 yuan/ton for 14mm; 15400 yuan/ton for 16mm;

S31603 material: 25100 yuan/ton for 4-12mm, 25500 yuan/ton for 14mm; 26000 yuan/ton for 16mm;

310S hot rolling costs 38800 yuan/ton for 3 and 4mm, 37900 yuan/ton for 5-12mm, and 39000 yuan/ton for 14mm.

3. Dongte 2205 hot rolled at 26300 yuan/ton.

4. Qingshan hot rolling: 304 material 14800 yuan/ton;

5. Zhangpu guide price: 15700 yuan/ton for 304 materials, 18700 yuan/ton for 321 hot-rolled materials; 316L hot-rolled 26100 yuan/ton.

3、 Reference price of stainless steel pipe and rod

1. The price of Qingshan round steel in April is ? 65-130. S30400 material costs 14300 yuan/ton, 316L material costs 23300 yuan/ton, TP321 material costs 17300 yuan/ton, and 321 material costs 16100 yuan/ton. 304 raw pipe round steel price+900316L raw pipe round steel price+1000321 raw pipe round steel price+900.

2. S30400 material is 14200 yuan/ton, and 316L material is 22600 yuan/ton.

3. Yongxing Bar Material ? 65-130: 304 material 17800 yuan/ton, TP321 material 20600 yuan/ton, 316L material 30800 yuan/ton, 316LGB material 34800 yuan/ton, S22053 material 31800 yuan/ton.

4. S30400 material costs 18400 yuan/ton, 316LS material costs 29000 yuan/ton, and 32107 material costs 20600 yuan/ton.

5. [Fukai round steel market value] ￠ 65-130: Jiangyin Hanzhou 2205/F60 material 28500 yuan/ton, 2507 material/F53 material 37500 yuan/ton, 630/17-4PH material 18000 yuan/ton. Wuxi Puhengjia 304L material: 17600 yuan/ton for ? 140-250, 17800 yuan/ton for ? 260-400; 316L material: 25800 yuan/ton for ? 140-250, 26000 yuan/ton for ? 260-400.

6. Zhejiang Benji Pipe Reference Price

Stainless steel seamless pipe 30408 material, specification 25 * 2 * 6000, cold drawn pipe, pickled and weighed for delivery -27.5 yuan/kg;

Stainless steel seamless pipe S31603 material, specification 25 * 2 * 6000, cold drawn pipe, pickled and weighed for delivery -38.8 yuan/kg;

Stainless steel seamless pipe S32168 material, specification 25 * 2 * 6000, cold drawn pipe, pickled and weighed for delivery -31.6 yuan/kg;

Stainless steel welded pipe 30408 material, specifications 219-813 * 4-6, pickled and weighed for delivery -20.8 yuan/kg;

Stainless steel welded pipe S31603 material, specifications 219-813 * 4-6, pickled and weighed for delivery -33.5 yuan/kg;

Stainless steel welded pipe 32168 material, specification 219-813 * 4-6, pickled and weighed for delivery -28 yuan/kg.

4、 Statistical data According to Mysteel research:

According to Mysteel research data:

1. As of April 7th, the total amount of domestic trade stainless steel drifting in the sea was 36231 tons, a total of 13 ships, an increase of 19878 tons compared to the previous period, with 36231 tons from Fujian ports and 0 tons from Jiangsu ports

2. From March 31st to April 7th, the total amount of domestic stainless steel unloading to port was 46462 tons, a decrease of 39422 tons compared to the previous period; Foshan has 33369 tons, a decrease of 15254 tons compared to the previous period; Wuxi has 13093 tons, a decrease of 24168 tons compared to the previous period; 41695 tons from Fujian port and 4767 tons from Jiangsu port..

5、 Market analysis

Stainless steel futures rebounded in volatility. Recently, the transaction price of nickel pig iron has stabilized, while stainless steel has rebounded. Wuxi stainless steel 300 series inventory has fallen slightly, but overall pressure continues to exist, with weak spot prices. The total amount of warehouse receipts is relatively high and has recently decreased. The stainless steel main force has recovered 15000, the lower gear support position is 1450014000, and the upper gear should pay attention to 1600016500 pressure. The relative nickel of stainless steel fluctuates repeatedly, and the recent relative strength has reappeared.

1. Qingshan limited price procurement, stainless steel agent increases price by 100 yuan/ton

At the Qingshan Furnace Material Conference, the procurement decision was made to purchase raw materials at the appropriate price, and to reduce production if the price was not met. Subsequently, there were reports of a reduction in production, ranging from 20% to 40%. Then, the Qingshan agent whistled a price increase of 100 yuan/ton, and the dealers increased their prices one after another.

2. Delong Steel Plan to Stop Production:

There are market reports that Delong has high raw material costs, and all Xiangshui nickel iron lines have been shut down. The steelmaking plan is to stop production around April 15th, and one cold rolling line is also expected to stop production. The resumption time is yet to be determined.

Downstream enterprises do not receive many orders: It is understood that downstream terminal enterprises do not receive many orders, and the overall mood is still cautious and wait-and-see, with a small number of repeated procurement rhythms and no significant changes in stocking intentions.

3. Can the production reduction be implemented

It is rumored that Qingshan will reduce production, but with the rebound in stainless steel prices, whether the rebound will be fully implemented remains to be verified. Other steel mills have not implemented excessive production reduction plans, and even production schedules are increasing, with no downward trend in subsequent supply.

4. Stainless steel raw material cost stops falling and rebounds

Nickel mine production has suffered losses, and the willingness to further reduce prices has decreased, leading to a growing attitude towards price support. The price of ferrochromium still maintains a weak and stable trend, while the price of ferronickel has shown a trend of stopping decline. Pure nickel, on the other hand, is affected by macro factors and has rebounded from a decline. The overall cost of stainless steel raw materials has stopped falling and rebounded, but there is still room for further increase in the future, which needs to be verified.

Encouraged by the aforementioned positive news, stainless steel prices have reversed their normal downward trend and rebounded. But there are still doubts about whether the rebound can continue. The news of production reduction has driven the price of stainless steel, but whether the reduction can truly be implemented remains to be verified. There has been no significant increase in demand, suppressing the rebound in stainless steel. The decline in raw material costs supports stainless steel prices, and it is expected that there may still be room for improvement in stainless steel prices. However, with no significant improvement in downstream demand, the boost may be limited.

Zhejiang Benji Stainless Steel Co., Ltd.,