Molybdenum has been rising for several days, and the undervaluation of stainless steel pipes has been alleviated-Zhejiang Benji Stainless Steel Co., Ltd

1、 Raw Material Report:

1. Nickel: On April 26th, the three-month closing price of nickel in London was $23646, up $305 or 1.31%; The latest price of Shanghai Nickel 2306 is 180340 yuan, up 1130 yuan, or 0.63%. Shanghai High Carbon Chromium Iron FeCr55C1000 (50 base) 8800 yuan/50 base tons. The 229500 yuan/ton of Luoyang ferromolybdenum FeMo60 increased by 9000 yuan or 4.09%.

2. The latest price of stainless steel SS2305 is 15100 yuan, up 125 yuan, or 0.83%; The holding amount is 79932 hands and the trading volume is 64784 hands.

3. Price of Dainan waste stainless steel

201 New material 5500-5600304 Industrial 10800-10900304 New material 11000-11100304 Particle 9700-9800;

316 shavings 16400-16600316 large furnace 18000-18300310 clinker 26900-27000;

430 no film 4500-4600431 return material 3750-3850.

2、 Wuxi stainless steel plate coil reference price

1. Taiyuan Iron and Steel Hot Rolling Guiding Price:

300 hot rolled series: 16000 yuan/ton for 304/NO.1; 18900 yuan/ton for 321/NO.1; 27400 yuan/ton for 316L/NO.1.

Medium plate (cut edge, thickness: 14-20mm, width: 1500mm) 304 material -17200 yuan/ton, 321 material 23500 yuan/ton, 316L material 32700 yuan/ton.

2. Dongte Hot Rolling Guiding Price:

S30408 material: 15000 yuan/ton for 4-12mm, 15200 yuan/ton for 14mm; 15700 yuan/ton for 16mm;

S31603 material: 26800 yuan/ton for 4-12mm, 27200 yuan/ton for 14mm; 27700 yuan/ton for 16mm;

310S hot-rolled flat plate 3: 39000 yuan/ton for 4mm, 38100 yuan/ton for 5-12mm, and 39200 yuan/ton for 14mm.

3. Dongte 2205 hot rolled at 27400 yuan/ton.

4. Qingshan hot rolling: 304 material 14700 yuan/ton;

5. Zhangpu guide price: 15800 yuan/ton for 304 materials, 18700 yuan/ton for 321 hot-rolled materials; 316L hot-rolled 27600 yuan/ton.

3、 Reference price of stainless steel pipe and rod

1. The price of Qingshan round steel is ? 65-130. S30400 material costs 15400 yuan/ton in April, 316L material costs 25100 yuan/ton in June, TP321 material costs 18300 yuan/ton in April, and 321 material costs 17100 yuan/ton in April. 304 raw pipe round steel price+900316L raw pipe round steel price+1000321 raw pipe round steel price+900.

2. S30400 material is 15300 yuan/ton, and 316L material is 25300 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 17600 yuan/ton, 316LS material costs 27500 yuan/ton, and 32107 material costs 19800 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 -28.8 yuan/kg;

Stainless steel seamless pipe S31603 material, specification 25 * 2 * 6000, cold drawn pipe, pickled and weighed for delivery -41.1 yuan/kg;

Stainless steel seamless pipe S32168 material, specification 25 * 2 * 6000, cold drawn pipe, pickled and weighed for delivery -32.8 yuan/kg;

Stainless steel welded pipe 30408 material, specifications 219-813 * 4-6, pickled and weighed for delivery -21.6 yuan/kg;

Stainless steel welded pipe S31603 material, specifications 219-813 * 4-6, pickled and weighed for delivery -35.2 yuan/kg;

Stainless steel welded pipe 32168 material, specification 219-813 * 4-6, pickled and weighed for delivery -28.1 yuan/kg.

4、 Statistical data (according to Mysteel research):

As of April 21, the total amount of domestic trade stainless steel drifting in the sea was 46957 tons, a total of 16 ships, a decrease of 2696 tons compared to the previous period, with 37423 tons from Fujian port and 9534 tons from Jiangsu port.

From April 14th to April 21st, the total amount of domestic stainless steel unloading to port was 85188 tons, an increase of 21534 tons compared to the previous period; Among them: Foshan 47670 tons, an increase of 9702 tons compared to the previous period; Wuxi has 37518 tons, an increase of 11832 tons compared to the previous period; 80421 tons from Fujian port and 4767 tons from Jiangsu port. (Jiangsu Steel Factory often uses small boats or cars for shipping to Wuxi, which is not within the monitoring range)

5、 Market analysis

Recently, the repair of stainless steel valuation has overlapped with the demand for restocking, and the price has shown a phased rebound. However, under the current price, the undervaluation phenomenon has been alleviated, and the demand for restocking has gradually come to an end. The immediate profits of nickel iron and steel plants have significantly improved. Due to abundant production capacity of stainless steel and nickel iron, the production in the future may quickly rebound with the improvement of profits. The price of stainless steel is insufficient in action, and its mid line supply and demand are not optimistic. As peripheral sentiment weakens, The price of stainless steel may operate in a short-term or weak trend, so it is recommended to temporarily wait and see.

Zhejiang Benji Stainless Steel Co., Ltd.,