The game of the molybdenum iron industry chain has intensified, and the price of stainless steel plates has rebounded positively-Zhejiang Benji Stainless Steel Co., Ltd

1、 Raw material report:
1. Nickel: On May 9th, the closing price of nickel in London was $19033, up $148, or 0.78%; The latest price of Shanghai nickel 2406 is 144760 yuan, up 3250 yuan or 2.30%; Shanghai high carbon ferrochrome FeCr55C1000 (50 base) is priced at 8850 yuan/50 base tons. Luoyang molybdenum iron costs 246000 yuan/ton.
2. The latest price of stainless steel SS2409 is 14290 yuan, up 125 yuan, or 0.88%; The holding amount is 142264 lots, and the trading volume is 229289 lots.
3. Purchase price of waste stainless steel at Fujian Qingtuo Yongchang Freight Yard:
1) 304 first grade white material (small punch plate, laser material, round steel, edge wire) costs 10100 to 10200 yuan/ton, and 304 new pipe head edge material costs 10100 yuan/ton.
2) 316 new pipe head corner material costs 18300 yuan/ton, and 316 first grade white material (small punching plate, laser material, round steel, edge wire) costs 18400-18600 yuan/ton.
3) 2205 whiteboard, thick tube, and round steel are priced at 18200 yuan/ton, 2507 whiteboard, thick tube, and round steel are priced at 22500 yuan/ton, and 2520 whiteboard, tube plate, and round steel are to be received.
2、 Wuxi stainless steel plate coil reference price
1. Taiyuan Iron and Steel Hot Rolling Guide Price:
300 hot-rolled series: 15600 yuan/ton for 304/NO.1; 16200 yuan/ton for 321/NO.1; 26300 yuan/ton for 316L/NO.1.
Middle plate (cut edge, thickness: 14-20mm, width: 1500mm) 304 material -17000 yuan/ton, 321 material: 19300 yuan/ton, 316L material: 29000 yuan/ton.
2. Dongte Hot Rolling Guide Price:
S30408 material costs 13700 yuan/ton for 4-12mm and 13900 yuan/ton for 14mm; 14100 yuan/ton for 16mm;
S31603 material costs 24900 yuan/ton for 4-12mm and 25200 yuan/ton for 14mm; 25400 yuan/ton for 16mm;
310S hot-rolled flat plate 3, 4mm 34800 yuan/ton, 5-10mm 34000 yuan/ton, 12mm 34300 yuan/ton, 14mm 35300 yuan/ton.
2205 hot-rolled 26100 yuan/ton
3. Qingshan hot rolling: 304 material 13500 yuan/ton; Dingxin 310S material costs 33900 yuan/ton for 3mm, 34000 yuan/ton for 4mm, and 33800 yuan/ton for 5-10mm.
4. Zhangpu guide price: 13900 yuan/ton for 304 material, 16500 yuan/ton for 321 hot-rolled; 316L hot-rolled at 24900 yuan/ton.
3、 Reference price for stainless steel pipes and rods
1. The May price of Qingshan round steel is ? 65-130. S30400 material costs 13500 yuan/ton, 316L material costs 24100 yuan, TP321 material costs 16300 yuan/ton, and 321 material costs 15100 yuan/ton.
2. The price of S30400 material in May is 13800 yuan/ton for ? 160-260, and 13900 yuan/ton for ? 300-360. 316L material costs 23600 yuan/ton for ? 160-260, and 23700 yuan/ton for ? 300-360. 24800 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 26000 yuan/ton; ? 65-130 round steel 27000 yuan/ton;
2) 36500 yuan/ton for 310S material ? 65-130; 36500 yuan/ton for ? 150-300. 29000 yuan/ton for 309S material ? 65-130;
3) S32750 (F53) material ? 150-300 round steel 34000 yuan/ton; ? 65-130 round steel 37500 yuan/ton. S32760 (F55) material ? 65-130 round steel 41000 yuan/ton.
4) 316L ? 65-130 round steel at 26000 yuan/ton; 316Ti ? 65-130 round steel 29100 yuan/ton; National standard 316L ? 65-130 round steel 33500 yuan/ton; German standard 316 material ? 65-130 round steel 29200 yuan/ton; 317L ? 65-130 round steel 37000 yuan/ton;
5) 19300 yuan/ton for 321H material ? 65-130; 22500 yuan/ton for 347H material ? 65-130;
6) NO8810 ? 200-250 round steel 73000 yuan/ton; ? 65-130 yuan/ton for round steel.
7) NO7718 ? 200-250 round steel costs 178000 yuan/ton; ￥ 65-130 round steel costs 183000 yuan/ton;
8) NO8028 ? 200-250 round steel 90500 yuan/ton, ? 65-130 round steel 101000 yuan/ton;
9) NO8120 ? 200-250 round steel costs 93000 yuan/ton, ? 65-130 round steel costs 110500 yuan/ton;
10) 630 material (17-4) ? 150-300 round steel costs 16300 yuan/ton, ? 65-130 round steel costs 17000 yuan/ton;
11) 213000 yuan/ton for NO6625 material ? 200-250; ? 65-130 round steel 217000 yuan/ton;
12) 146000 yuan/ton for NO6601 material ? 200-250; 149000 yuan/ton for ? 65-130.
13) 163000 yuan/ton for NO6600 material ? 200-250; 168000 yuan/ton for ? 65-130.
14) 230000 yuan/ton for NO10276 ? 200-250; ? 65-130 round steel at 235000 yuan/ton;
15) XM-19 ? 65-130 round steel, 38600 yuan/ton;
16) S31254 material ? 65-130 round steel 66500 yuan/ton.
17) 904L material ? 65-130 round steel, priced at 68000 yuan/ton.
18) NO8926/1.4529 material ? 65-130 round steel 81000 yuan/ton, ? 200-250 round steel 91000 yuan/ton;
19) NO8825 material ? 65-130 round steel 10800 yuan/ton, ? 200-250 round steel 107000 yuan/ton;
20) NO7718 material ? 65-130 round steel 172000 yuan/ton. N10276 material ? 65-130 round steel 233000 yuan/ton.
21) 173000 yuan/ton for NO3030 material ? 200-250; ? 65-130 round steel costs 178000 yuan/ton.
155000 yuan/ton for NO4400 material ? 200-250;
22) 162000 yuan/ton for NO4400 material ? 200-250; ￥ 65-130 round steel costs 165000 yuan/ton.
23) 1.4460 material ? 65-130 round steel costs 26800 yuan/ton.
24) 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 -26.8 yuan/kg;
Stainless steel seamless pipe S31603 material, specification 25 * 2 * 6000 cold drawn pipe, acid washed and weighed for delivery -39.8 yuan/kg;
Stainless steel seamless pipe S32168 material, specification 25 * 2 * 6000 cold drawn pipe, acid washed and weighed for delivery -30.5 yuan/kg;
Stainless steel welded pipe 30408 material, specification 219-813 * 4-6, acid washed and weighed for delivery -20.3 yuan/kg;
Stainless steel welded pipe S31603 material, specification 219-813 * 4-6, acid washed and weighed for delivery -33.3 yuan/kg;
Stainless steel welded pipe 32168 material, specification 219-813 * 4-6, acid washed and weighed for delivery -25.9 yuan/kg.
4、 Statistical data:
According to Mysteel research:
On May 9, 2024, the social inventory of stainless steel in the mainstream market nationwide was 1107890 tons, an increase of 28751 tons or 2.66% compared to the previous week. Among them:
The total inventory of cold-rolled stainless steel is 707704 tons, an increase of 10830 tons or 1.55% compared to last week;
The total inventory of hot-rolled stainless steel is 400186 tons, an increase of 17921 tons or 4.69% compared to last week;
The total inventory of the 200 series is 198280 tons, an increase of 5709 tons or 2.96% compared to the previous week;
The total inventory of the 300 series is 732619 tons, an increase of 5942 tons or 0.82% compared to last week;
The total inventory of the 400 series is 176991 tons, an increase of 17100 tons or 10.69% compared to last week.
Wuxis inventory is 657064 tons, an increase of 18070 tons or 2.83% compared to last week;
Foshans inventory is 336458 tons, a decrease of 1628 tons or 0.48% compared to last week;
Zibo, Jieyang, Shenyang, and Xian have 114368 tons of inventory, an increase of 12309 tons or 12.06% compared to last week.
5、 Market analysis
Yesterday, the competition in the molybdenum iron industry chain intensified and the operation was chaotic behind the scenes. Today, the mainstream spot cash quotation in the molybdenum iron market is 242000 to 248000 yuan/ton.
The domestic inventory of refined nickel and LME inventory are still continuously accumulating, and currently, the domestic refined nickel inventory has accumulated to a high level in nearly two years. Recently, macroeconomic sentiment has been strong, with frequent disturbances from external factors. Coupled with high nickel sulfate prices on the cost side, short-term nickel prices may fluctuate.
Recently, the price of stainless steel plates has significantly rebounded due to cost support combined with macro favorable factors, and spot prices have risen with the plate. The profit situation of stainless steel factories has been well repaired. Recently, the macro sentiment has continued to be strong, and in the short term, stainless steel prices may fluctuate. However, there is a certain surplus of nickel iron and stainless steel production capacity, and profits may stimulate the release of production capacity. In the long run, there is a significant expectation of growth in stainless steel production, and long-term stainless steel prices may be weak.

Zhejiang Benji Stainless Steel Co., Ltd.,