The focus of ferro molybdenum bargaining continues to move up, Fusteel per 1%Mo stainless steel up 600 yuan/ton-Zhejiang Benji Stainless Steel Co., Ltd

1. Raw material report:
1. Nickel: On August 7, London nickel closed at $21,102, down $208, or 0.98%; Shanghai Nickel 2309 latest price 166320 yuan, down 150 yuan, down 0.09%; Shanghai high carbon ferrochrome FeCr55C1000(50 base) 9000 yuan /50 base ton. Luoyang ferro molybdenum FeMo60 279500 yuan/ton, up 2500 yuan.
2, stainless steel SS2309 latest price 15295 yuan, up 20 yuan, an increase of 0.13%; The open position was 64,848 lots and the trading volume was 45,841 lots.
3, Dynan waste stainless steel price
201 New material 5400-5500, 304 Industrial 10500-10600, 304 new material 10900-11000, 304 shavings 9500-9600;
316 Shavings 17700-17800, 316 large furnace 19300-19400, 310 clinker 26800-26900;
430 No film 4150-4250, 431 return charge 3650-3700.
Second, Wuxi stainless steel coil reference price
1, TISCO hot rolling guide price:
300 hot rolling series: 304/NO.1 16100 yuan/ton; 17,500 yuan/ton for 321/ NO.1; 28,100 yuan/ton for 316L/NO.1.
Middle plate (cut edge, thickness: 14-20mm, width: 1500mm) 304 material - 16700 yuan/ton, 321 material 22800 yuan/ton, 316L material 31900 yuan/ton.
2, Dongte hot rolling guide price:
S30408 material 4-12mm 14800 yuan/ton, 14mm 15000 yuan/ton; 15500 yuan/ton for 16mm;
S31603 material 4-12mm 27200 yuan/ton, 14mm 27600 yuan/ton; 28,100 yuan/ton for 16mm;
310S hot rolled plate 3, 4mm 36300 yuan/ton, 5-12mm 35400 yuan/ton, 14mm 36500 yuan/ton.
3, Dongte 2205 hot rolling 28100 yuan/ton.
4, Qingshan hot rolling: 304 material 14,500 yuan/ton;
5, Zhangpu guide price: 304 material 15,500 yuan/ton, 321 hot rolled 18,500 yuan/ton; 316L hot rolling 27600 yuan/ton.
Third, stainless steel pipe rod reference price
1, [Qingshan round steel price ￠65-130 August price] S30400 material 14,700 yuan/ton, 316L material 26300 yuan/ton, TP321 material 17,600 yuan/ton, 321 material 16,400 yuan/ton. 304 round steel price +800,316L series round steel price +1000,321 series round steel price +900.
2, 【 Delong round steel ￠65-130】S30400 material 14800 yuan/ton, 316L material 26100 yuan/ton.
3, [Yongxing bar ￠65-130] 304 material 17000 yuan/ton, TP321 material 19800 yuan/ton, 316L material 29500 yuan/ton, 316LGB material 33100 yuan/ton, S22053 material 31500 yuan/ton.
4. 【 Fukai Market price 】 :
1), 2205 material ￠65-130 round steel 28400 yuan/ton; 2205 material continuous casting billet 170-250 ￠27600 yuan/ton;
2), TP316L continuous casting billet - 150-250:26300 yuan/ton; 3), NO8810 electroslag ingot ￠360-900:72000 yuan/ton;
4), NO8825 electroslag ingot ￠360-900:108000 yuan/ton; 5), 17-4 electroslag ingot ￠360-900:22,000 yuan/ton;
6), 625 vacuum electroslag ingot ￠360-900:226000 yuan/ton; 7), 6600 vacuum electroslag ingot - 360-900:171000 yuan/ton;
8), C-276 vacuum electroslag ingot ￠360-900:247000 yuan/ton; 9), 718 vacuum electroslag ingot ￠360-900:195,000 yuan/ton;
10), Jiangyin Hanzhou 2205/F60 material 28500 yuan/ton, 2507 material /F53 material 37500 yuan/ton, 630/17-4PH material 18000 yuan/ton.
11), Wuxi Puheng Forging round 304L material 17100 yuan/ton of 140-250, 17300 yuan/ton of 260-400; 316L material ￠140-250 28200 yuan/ton, ￠260-400 28400 yuan/ton.
5, 【 Zhejiang Benji pipe reference price 】
Stainless steel seamless pipe 30408 material, specifications 25*2*6000 cold drawn pipe pickling delivery - 27.9 yuan /kg;
Stainless steel seamless pipe S31603 material, specifications 25*2*6000 cold drawn pipe pickling delivery - 42.3 yuan /kg;
Stainless steel seamless pipe S32168 material, specifications 25*2*6000 cold drawn pipe pickling delivery - 32 yuan /kg;
Stainless steel welded pipe 30408 material, specification 219-813*4-6 pickling pound delivery - 21.2 yuan /kg;
Stainless steel welded pipe S31603 material, specification 219-813*4-6 pickling pound delivery -- 35.6 yuan /kg;
Stainless steel welded pipe 32168 material, specification 219-813*4-6 pickling pound delivery - 28.1 yuan /kg.
Iv. Statistical Data:
According to Mysteel:
On August 3, 2023, the national mainstream market stainless steel social inventory of 1004,993 tons, an increase of 1923 over the previous week, an increase of 0.19%, of which:
Cold-rolled stainless steel inventory of 510,579 tons, an increase of 14,899 tons, an increase of 3.01%;
The total inventory of hot-rolled stainless steel is 494,414 tons, down 12,976 tons from last week, a decrease of 2.56%;
The total inventory of 200 series is 184,038 tons, 16,851 tons less than last week, a decrease of 8.39%;
The total inventory of 300 series is 586,831 tons, an increase of 14,994 tons over the previous week, an increase of 2.62%;
The total inventory of 400 series is 234,124 tons, an increase of 3780 tons over the previous week, an increase of 1.64%.
Wuxi inventory 542,583 tons, 3,755 tons less than last week, a decrease of 0.69%.
Foshan inventory of 284,621 tons, an increase of 4191 tons over the previous week, an increase of 1.49%.
Zibo, Jieyang, Shenyang, Xi an inventory 177,789 tons, an increase of 1,487 tons over the previous week, an increase of 0.84%.
5. Market analysis
1. Ferric molybdenum:
Last week, large molybdenum mine bid sales of molybdenum concentrate, raw material prices all the way up, ferro molybdenum prices due to limited cost space, iron factory more full, steel prices upward, the market bargaining center continues to move up, yesterday, ferro molybdenum rose 2500 yuan, continue to maintain a high rise trend. Affected by this, Fushun Special Steel made the following adjustments to the contract orders accepted from 0:00 on August 7, 2023 on the basis of August 6, 2023: All molybdenum varieties, each containing 1%Mo stainless steel price increased by 600 yuan/ton.
2. Ferrochrome:
In August, TISCO took the lead in opening the high-carbon ferrochrome procurement bidding price by 100 yuan to 8500 yuan/base ton, guiding the market. This price is basically pressed on the production cost line of the ferrochrome plant, so the room for price reduction of ferrochrome is very limited. In addition, after the price of chromium ore experienced a slight reduction of 5-10 US dollars, miners and iron mills entered the stalemate game stage. After reporting high output from steel mills in August and continuing to put into operation new ferrochrome capacity in Inner Mongolia, chromium ore prices rose slightly. It is expected that the price reduction space of high-carbon ferrochrome in August is very limited, and it is not excluded that the price will rise slightly.
3, stainless steel:
At present, the supply pressure of stainless steel exists, and after the storm of nickel collection and storage has faded, speculative demand has gradually fallen. However, the price of the main raw materials of stainless steel has stopped falling, and there have been varying degrees of improvement from macro to fundamentals. On the basis of the overall expectation to be good, the price of stainless steel is expected to shock strongly in August and September.

Zhejiang Benji Stainless Steel Co., Ltd.,