Chromium iron is strong, nickel iron is bullish, and the cost of round steel is rising. Steel mills have low willingness to accept orders-Zhejiang Benji Stainless Steel Co., Ltd

1、 Raw Material Report:

1. Nickel: On August 14th, the closing price of nickel in London was $20093, down $148, or 0.73%; The latest price of Shanghai Nickel 2309 was 163510 yuan, down 1350 yuan, or 0.82%; Shanghai high carbon ferrochrome FeCr55C1000 (50 base) is priced at 9200 yuan/50 base tons, up 100 yuan. 288000 yuan/ton for Luoyang ferromolybdenum FeMo60.,

2. The latest price of stainless steel SS2310 is 15680 yuan, up 60 yuan, or 0.38%; The holding amount is 101610 hands, and the trading volume is 45779 hands.

3. Wenzhou Waste Stainless Steel Market Quotation:

201 non film material is 6000 yuan/ton, 304 industrial material is 10900 yuan/ton, 316 industrial material is 20700 yuan/ton, and 430 non film material is 4300 yuan/ton. Note: The price for 304 and 316 to Fujian will be increased by 100 yuan/ton.

2、 Wuxi stainless steel plate coil reference price

1. Taiyuan Iron and Steel Hot Rolling Guiding Price:

300 hot rolled series: 16300 yuan/ton for 304/NO.1; 17600 yuan/ton for 321/NO.1; 28700 yuan/ton for 316L/NO.1.

Medium plate (cut edge, thickness: 14-20mm, width: 1500mm) 304 material -16700 yuan/ton, 321 material 21800 yuan/ton, 316L material 32100 yuan/ton.

2. Dongte Hot Rolling Guiding Price:

S30408 material: 14900 yuan/ton for 4-12mm, 15100 yuan/ton for 14mm; 15600 yuan/ton for 16mm;

S31603 material: 27800 yuan/ton for 4-12mm, 28200 yuan/ton for 14mm; 28700 yuan/ton for 16mm;

310S hot-rolled flat plate 3, 36500 yuan/ton for 4mm, 35600 yuan/ton for 5-12mm, and 36700 yuan/ton for 14mm.

3. Dongte 2205 hot rolled at 28600 yuan/ton.

4. Qingshan hot rolling: 304 material 14900 yuan/ton;

5. Zhangpu guide price: 15600 yuan/ton for 304 materials, 18500 yuan/ton for 321 hot-rolled materials; 316L hot-rolled at 28300 yuan/ton.

3、 Reference price of stainless steel pipe and rod

1. The August price of Qingshan round steel is ? 65-130. S30400 material costs 14900 yuan/ton, 316L material costs 27500 yuan/ton, TP321 material costs 17800 yuan/ton, and 321 material costs 16600 yuan/ton. 304 raw pipe round steel price+800316L raw pipe round steel price+1000321 raw pipe round steel price+900.

2. S30400 material is 14600 yuan/ton, and 316L material is 26100 yuan/ton for sealing.

3. Yongxing Bar Material ? 65-130: 304 material 17200 yuan/ton, TP321 material 20000 yuan/ton, 316L material 30500 yuan/ton, 316LGB material 34100 yuan/ton, S22053 material 33000 yuan/ton.

4. Fukai Market Price:

1) 2205 material ? 65-130 round steel 28400 yuan/ton; 27600 yuan/ton for continuous casting billets made of 2205 material, ? 170-250;

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: 2200 yuan/ton;

6) 625 vacuum electroslag ingot ? 360-900: 226000 yuan/ton; 7) 6600 vacuum electroslag ingots ? 360-900: 171000 yuan/ton;

8) C-276 vacuum electroslag ingot ? 360-900: 247000 yuan/ton; 9) 718 vacuum electroslag ingot ? 360-900: 195000 yuan/ton;

10) Jiangyin Hanzhou 2205/F60 material is 29000 yuan/ton, 2507 material/F53 material is 38000 yuan/ton, and 630/17-4PH material is 18000 yuan/ton.

11) Wuxi Puheng Forged Round 304L Material: 17100 yuan/ton for ? 140-250, 17300 yuan/ton for ? 260-400; 316L material: 28200 yuan/ton for ? 140-250, 28400 yuan/ton for ? 260-400.

5. Zhejiang Benji Pipe Reference Price

Stainless steel seamless pipe 30408 material, specification 25 * 2 * 6000, cold drawn pipe, pickled and weighed for delivery -28.1 yuan/kg;

Stainless steel seamless pipe S31603 material, specification 25 * 2 * 6000, cold drawn pipe, pickled and weighed for delivery -44.1 yuan/kg;

Stainless steel seamless pipe S32168 material, specification 25 * 2 * 6000, cold drawn pipe, pickled and weighed for delivery -32.2 yuan/kg;

Stainless steel welded pipe 30408 material, specifications 219-813 * 4-6, pickled and weighed for delivery -21.3 yuan/kg;

Stainless steel welded pipe S31603 material, specifications 219-813 * 4-6, pickled and weighed for delivery -36.2 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 August 11th, the total amount of domestic trade stainless steel drifting in the sea was 64452 tons, a total of 20 ships, an increase of 4100 tons compared to the previous period, with 50151 tons from Fujian ports and 14301 tons from Jiangsu ports.

From August 4th to August 11th, the total amount of domestic stainless steel unloading to port was 113239 tons, an increase of 28018 tons compared to the previous period; Foshan has 53630 tons, a decrease of 14429 tons compared to the previous period; Wuxi 59609 tons, an increase of 42447 tons compared to the previous period; 103039 tons from Fujian port and 10200 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

1. Molybdenum iron: The upward trend has paused.

2. Chromium iron: On August 14th, the spot price of high carbon chromium iron was relatively strong, and the cost side chromium ore price, coke price, national freight and electricity cost remained stable. The production of high carbon chromium iron temporarily stabilized the smelting cost. At present, the overall chromium based market is relatively strong, and the fifth round of increase in coke is hindered. However, the overall cost remains high, and it is expected that the production cost of ferrochrome will remain relatively strong in the near future.

The cost of SF-EF process in Inner Mongolia today is 8755 yuan/50 basis tons, while the cost of EF process is 8889 yuan/50 basis tons. The EF process cost for Guizhou local power grid is 9415 yuan/50 basis tons, while the EF process cost for Southern power grid is 9783 yuan/50 basis tons. The current cost range is 8700-9800 yuan/50 base tons, with an average cost of 9243 yuan/50 base tons.

3. Nickel iron:

Recently, the Indonesian government launched an anti-corruption investigation by the Ministry of Energy and Mines, which resulted in slow approval of new production quotas for various nickel mines. In addition, some mines were unable to continue shipping due to the depletion of production quotas, causing a tense supply atmosphere in the nickel ore market; Nickel mining activities in the Indonesian Mining Industry License (IUP) area have been suspended due to anti-corruption allegations, and all nickel mining operations in the PT Antam Tbk IUP area located in the Mandiodo block of North Konawi in southeastern Sulawesi will be suspended; The unstable weather conditions in the North Morowali region of Central Sulawesi Province, Indonesia have had a serious impact on nickel ore production, even leading to a 50% decrease in production.

There is currently no clear quotation in the nickel ore market, but the bullish sentiment in the industry is high, especially before the arrival of the rainy season. The strong demand for replenishment by domestic iron mills has driven the focus of nickel ore bargaining upward. On the overseas side, Philippine mines have not yet started selling September delivery ships, and with a positive attitude, FOB prices are expected to continue to rise; Especially recently, Indonesian factories have begun to inquire about Philippine nickel mines, supporting the markets bullish enthusiasm.

4. Stainless steel:

In terms of stainless steel, the total social inventory of stainless steel in the mainstream market nationwide last week was 987800 tons, a decrease of 1.71% compared to the previous week, a decrease of 17166 tons, and a return to the pace of destocking.

After Qingshan Steel Plant issued a new round steel price last week, the enthusiasm for accepting orders remained low. The fundamental reason behind this was the sudden increase in the price of waste stainless steel due to cost control, which caught the steel plant off guard. In the near future, if the price of waste stainless steel remains high, steel mills are likely to continue to raise the price of round steel in the near future to maintain basic profits.

Affected by this, the spot price of stainless steel pipes in the Wenzhou market has been increasing for two consecutive days, with a 304 material increase of 400-500 yuan/ton.

Zhejiang Benji Stainless Steel Co., Ltd.,