Raw materials drive down the cost of stainless steel, and the profit situation is poor-Zhejiang Benji Stainless Steel Co., Ltd

1. Raw material report:
1. Nickel: On November 13, London nickel closed at $17,398, up $141, or 0.82%; Shanghai nickel 2312 latest price 139120 yuan, up 860 yuan, up 0.62%; Shanghai high carbon ferrochrome FeCr55C1000(50 base) 8800 yuan /50 base ton. Luoyang ferro molybdenum FeMo60 208,500 yuan/ton, down 5,000 yuan.
2, stainless steel SS2401 latest price 14145 yuan, down 70 yuan, down 0.49%; The open position was 104,874 lots and the trading volume was 55,207 lots.
3, Wenzhou scrap stainless steel market quote:
Wenzhou waste stainless steel market quote: 201 non-film material 5800,304 industrial material 10000,316 industrial material 17600,430 non-film material 4300. Unit: Yuan/ton, note: 304, 316 to Fujian price plus 100 yuan/ton.
Second, Wuxi stainless steel coil reference price
1, TISCO hot rolling guide price:
300 hot rolling series: 15700 yuan/ton of 304/NO.1; 16,900 yuan/ton of 321/ NO.1; 26,200 yuan/ton for 316L/NO.1.
Middle plate (cut edge, thickness: 14-20mm, width: 1500mm) 304 material - 17100 yuan/ton, 321 material 21700 yuan/ton, 316L material 30300 yuan/ton.
2, Dongte hot rolling guide price:
S30408 material 4-12mm 14000 yuan/ton, 14mm 14200 yuan/ton; 14700 yuan/ton for 16mm;
S31603 material 4-12mm 24600 yuan/ton, 14mm 25000 yuan/ton; 25,500 yuan/ton for 16mm;
310S hot rolled plate 3, 4mm 36000 yuan/ton, 5-12mm 35200 yuan/ton, 14mm 36200 yuan/ton.
3, Dongte 2205 hot rolling 26100 yuan/ton.
4, Qingshan hot rolling: 304 material 13900 yuan/ton;
5, Zhangpu guide price: 304 material 14,800 yuan/ton, 321 hot rolled 17,700 yuan/ton; 316L hot rolling 25,500 yuan/ton.
Third, stainless steel pipe rod reference price
1, [Qingshan round steel price ￠65-130 October price] S30400 material 13600 yuan/ton, 316L material 23300 yuan/ton, TP321 material 16500 yuan/ton, 321 material 15300 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 14000 yuan/ton, 316L material yuan/ton seal.
3, [Yongxing bar ￠65-130] 304 material 17,500 yuan/ton, TP321 material 20,300 yuan/ton, 316L material 30500 yuan/ton, 316LGB material 34100 yuan/ton, S22053 material 32,500 yuan/ton.
4. 【 Fukai Market price 】 :
1), 2205 material ￠65-130 round steel 26500 yuan/ton; 2205 material continuous casting billet 26000 yuan/ton of 170-250;
2), TP316L continuous casting billet - 150-250:24700 yuan/ton; 3), NO8810 electroslag ingot ￠360-900:69,000 yuan/ton;
4), NO8825 electroslag ingot ￠360-900:102000 yuan/ton; 5), 17-4 electroslag ingot ￠360-900:20000 yuan/ton;
6), 625 vacuum electroslag ingot ￠360-900:208000 yuan/ton; 7), 6600 vacuum electroslag ingot - 360-900:155,000 yuan/ton;
8), C-276 vacuum electroslag ingot ￠360-900:232000 yuan/ton; 9), 718 vacuum electroslag ingot ￠360-900:183,000 yuan/ton;
10), Jiangyin Hanzhou 2205/F60 material 29500 yuan/ton, 2507 material /F53 material 38000 yuan/ton, 630/17-4PH material 18000 yuan/ton.
11), Wuxi Puheng Forging round 304L material 16400 yuan/ton of 140-250, 16600 yuan/ton of 260-400; 316L material ￠140-250 2560 yuan/ton, ￠260-400 25800 yuan/ton.
5, 【 Zhejiang Benji pipe reference price 】
Stainless steel seamless pipe 30408 material, specifications 25*2*6000 cold drawn pipe pickling delivery - 26.6 yuan /kg;
Stainless steel seamless pipe S31603 material, specifications 25*2*6000 cold drawn pipe pickling delivery - 38.8 yuan /kg;
Stainless steel seamless pipe S32168 material, specifications 25*2*6000 cold drawn pipe pickling delivery - 30.7 yuan /kg;
Stainless steel welded pipe 30408 material, specification 219-813*4-6 pickling pound delivery -- 20.5 yuan /kg;
Stainless steel welded pipe S31603 material, specification 219-813*4-6 pickling pound delivery -- 33.1 yuan /kg;
Stainless steel welded pipe 32168 material, specification 219-813*4-6 pickling pound delivery -- 27.1 yuan /kg.
Iv. Statistical Data:
According to Mysteel:
As of November 10, the total volume of domestic stainless steel in transit was 42,500 tons, a total of 16 ships, an increase of 28,271 tons from the previous period, 38,300 tons from Fujian port, and 4200 tons from Jiangsu port.
From November 03 to November 10, the total amount of domestic stainless steel discharged to the port was 59525 tons, which was 23,315 tons less than the previous period; Foshan 19,600 tons, 23,395 tons less than the previous period; Wuxi 39,925 tons, an increase of 80 tons from the previous period; 54,525 tons from Fujian port, 5,000 tons from Jiangsu port. (Jiangsu steel factory shipments to Wuxi mostly use boats or motor transport, not within the scope of monitoring)
5. Market analysis
1, ferric molybdenum: price weakness does not change
2. Ferrochrome:
On November 14, the factory price of high carbon ferrochrome in Inner Mongolia was 8,500 yuan /50 base tons; C25 natural block factory price including tax 143-14700 yuan /60 base tons; C6 natural block factory price including tax 1.48-15,400 yuan /60 base tons.
3 Nickel iron:
Prices fell to a new low for the year.
4, stainless steel:
September-october 300 series stainless steel production is still at a high level, 10-November affected by profit production will be reduced, the current stainless steel industry chain profit situation is not good, stainless steel factories have to reduce production, reduce production in response. The recent price reduction of raw materials continues to drive down the cost of stainless steel, and the steel mill gradually becomes profitable after repairing the steel price, and the actual realization of the production reduction in November is tested after profitability. Iron factory losses under the possibility of production suspension, but it is expected that Indonesia nickel iron reflux caused more supply pressure. As a whole, it is possible to maintain shock to consume inventory based on shipments.

Zhejiang Benji Stainless Steel Co., Ltd.,