With the support of Panduo, 304 rose by 100 yuan, but the stainless steel factory still suffered some losses-Zhejiang Benji Stainless Steel Co., Ltd

1、 Raw material report:
1. Nickel: On April 8th, the closing price of nickel in London was $17848, up $44, or 0.25%; The latest price of Shanghai nickel 2405 is 136720 yuan, up 790 yuan, or 0.58%; Shanghai high carbon ferrochrome FeCr55C1000 (50 base) is priced at 8950 yuan/50 base tons. The price of Luoyang molybdenum iron FeMo60 dropped by 4000 yuan at 205500 yuan/ton.
2. The latest price of stainless steel SS2405 is 13720 yuan, up 85 yuan, or 0.62%; The holding amount is 95710 lots, and the trading volume is 92904 lots.
3. Purchase price of waste stainless steel at Fujian Qingtuo Binhai 16th Road Freight Yard:
1) 304 special grade material costs 9800 yuan/ton, 304 cleaning material costs 9700 yuan/ton, 304 industrial material with film costs 9400 yuan/ton, 304 secondary material costs 8900-9100 yuan/ton, and 304 dry particle costs 8600-8800 yuan/ton.
2) 316 industrial materials cost 16800 yuan/ton, 316 new materials cost 17000 yuan/ton, and 316 dry shavings cost 15100-15300 yuan/ton.
3) 2205 steel planer costs 15300 yuan/ton, 2205 corner material costs 15800 yuan/ton, and 2520 furnace material costs 20500-21000 yuan/ton.
2、 Wuxi stainless steel plate coil reference price
1. Taiyuan Iron and Steel Hot Rolling Guide Price:
300 hot-rolled series: 15100 yuan/ton for 304/NO.1; 16000 yuan/ton for 321/NO.1; 24500 yuan/ton for 316L/NO.1.
Middle plate (cut edge, thickness: 14-20mm, width: 1500mm) 304 material -16700 yuan/ton, 321 material: 21200 yuan/ton, 316L material: 28400 yuan/ton.
2. Dongte Hot Rolling Guide Price:
S30408 material costs 13200 yuan/ton for 4-12mm and 13400 yuan/ton for 14mm; 13600 yuan/ton for 16mm;
S31603 material: 23200 yuan/ton for 4-12mm, 23500 yuan/ton for 14mm; 23700 yuan/ton for 16mm;
310S hot-rolled flat plates are priced at 35100 yuan/ton for 4mm, 34300 yuan/ton for 5-10mm, 34600 yuan/ton for 12mm, and 35600 yuan/ton for 14mm.
2205 hot-rolled 24900 yuan/ton
3. Dingxin 310S material costs 34200 yuan/ton for 3mm, 34300 yuan/ton for 4mm, and 34100 yuan/ton for 5-10mm.
4. Qingshan hot rolling: 304 material 13200 yuan/ton;
5. Zhangpu Guiding Price: 13200 yuan/ton for 304 material, 16300 yuan/ton for 321 hot-rolled; 316L hot-rolled at 23500 yuan/ton.
3、 Reference price for stainless steel pipes and rods
1. The April price of Qingshan round steel is ? 65-130. S30400 material costs 12900 yuan/ton, 316L material costs 22500 yuan/ton, TP321 material costs 15800 yuan/ton, and 321 material costs 14600 yuan/ton.
2. Zhejiang Friendship New Materials: The April price of S30400 material is 12700 yuan/ton for ? 160-260, and 12800 yuan/ton for ? 300-360. The 316L material costs 22300 yuan/ton for ? 160-260, and 22400 yuan/ton for ? 300-360. 23500 yuan/ton for 2205 material ? 160-260.
3. Yongxing Bar Material ? 65-130: 304 material costs 16500 yuan/ton, TP321 material costs 19000 yuan/ton, 316L material costs 28000 yuan/ton, 316LGB material costs 31000 yuan/ton, S22053 material costs 29500 yuan/ton.
4. [Fukai Market Price]:
1) 2205 (F60) material ? 150-300 round steel 23400 yuan/ton; ? 65-130 round steel 24300 yuan/ton;
2) 34300 yuan/ton for 310S material ? 65-130; 34000 yuan/ton for ? 150-300.
3) S32750 (F53) material ? 150-300 round steel, 31200 yuan/ton; ? 65-130 yuan/ton for round steel.
4) 316L ? 65-130 round steel, 25200 yuan/ton; 316Ti ? 65-130 round steel at 28600 yuan/ton; National standard 316L ? 65-130 round steel 31200 yuan/ton; German standard 316 material ? 65-130 round steel 28100 yuan/ton;
5) 18200 yuan/ton for 321H material ? 65-130; 21500 yuan/ton for 347H material ? 65-130;
6) NO8810 ? 200-250 round steel at 68300 yuan/ton; ? 65-130 round steel, 71500 yuan/ton.
7) NO7718 ? 200-250 round steel costs 165000 yuan/ton; ? 65-130 round steel 170000 yuan/ton;
8) NO8828 ? 200-250 round steel costs 97000 yuan/ton, ? 65-130 round steel costs 97000 yuan/ton;
9) 630 material (17-4) ? 150-300 round steel at 15500 yuan/ton, ? 65-130 round steel at 16300 yuan/ton;
10) 192000 yuan/ton for NO6625 material ? 200-250; ? 65-130 round steel 195000 yuan/ton;
11) 6600 vacuum electroslag ingots ? 360-900: 160000 yuan/ton;
12) 223000 yuan/ton for NO10276 ? 200-250; ? 65-130 round steel, 228000 yuan/ton;
13) XM-19 ? 65-130 round steel, priced at 36500 yuan/ton;
14) S31254 material ? 65-130 round steel 62200 yuan/ton.
15) 904L material ? 65-130 round steel costs 64000 yuan/ton.
16) NO8926/1.4529 material ? 65-130 round steel 79000 yuan/ton, ? 200-250 round steel 81500 yuan/ton;
17) NO8825 material ? 65-130 round steel costs 103000 yuan/ton, ? 200-250 round steel costs 100000 yuan/ton; 13) NO7718 material ? 65-130 round steel 172000 yuan/ton. N10276 material ? 65-130 round steel 233000 yuan/ton
18) Wuxi Puheng Forged Round 304L Material: 15000 yuan/ton for ? 140-250, 16300 yuan/ton for ? 260-400; 316L material costs 25800 yuan/ton for ? 140-250, and 26000 yuan/ton for ? 260-400.
5. [Zhejiang Benji Pipe Reference Price]
Stainless steel seamless pipe 30408 material, specification 25 * 2 * 6000 cold drawn pipe, acid washed and weighed for delivery -25.8 yuan/kg;
Stainless steel seamless pipe S31603 material, specification 25 * 2 * 6000 cold drawn pipe, acid washed and weighed for delivery -37.9 yuan/kg;
Stainless steel seamless pipe S32168 material, specification 25 * 2 * 6000 cold drawn pipe, acid washed and weighed for delivery -29.9 yuan/kg;
Stainless steel welded pipe 30408 material, specification 219-813 * 4-6, acid washed and weighed for delivery -19.5 yuan/kg;
Stainless steel welded pipe S31603 material, specification 219-813 * 4-6, acid washed and weighed for delivery -31.8 yuan/kg;
Stainless steel welded pipe 32168 material, specification 219-813 * 4-6, acid washed and weighed for delivery -25.8 yuan/kg.
4、 Statistical data:
According to Mysteel research:
On April 3, 2024, the social inventory of stainless steel in the mainstream market nationwide was 1177674 tons, a decrease of 1019 tons or 0.09% from last week. Among them:
The total inventory of cold-rolled stainless steel is 698808 tons, a decrease of 1828 tons or 0.26% compared to last week;
The total inventory of hot-rolled stainless steel is 478866 tons, an increase of 806 tons or 0.17% compared to last week;
The total inventory of the 200 series is 213418 tons, an increase of 535 tons or 0.25% compared to last week;
The total inventory of the 300 series is 751144 tons, a decrease of 6887 tons or 0.91% compared to last week;
The total inventory of the 400 series is 213112 tons, an increase of 5333 tons or 2.57% compared to last week.
Wuxis inventory is 662112 tons, a decrease of 16346 tons or 2.41% compared to last week;
Foshans inventory is 371331 tons, an increase of 9338 tons or 2.58% compared to last week;
Zibo, Jieyang, Shenyang, and Xian have 144231 tons of inventory, an increase of 5989 tons or 4.33% compared to last week.
5、 Market analysis
After the holiday, the stainless spot market is expected to be boosted by bullish expectations. Yesterday, Qingshan 304 opened with a general increase of 100, and Qingshan agents followed the steel mills quotation to chase higher prices. However, trading has been somewhat cautious, and market transactions have slightly improved. Recently, stainless steel prices have slightly rebounded, and the profits of stainless steel factories have slightly improved according to the situation. However, some stainless steel and nickel iron factories are still in a loss making state, and there may still be some support for stainless steel prices in the near future.

Zhejiang Benji Stainless Steel Co., Ltd.,