The demand for cooling in the north will gradually weaken, and there is insufficient motivation for stainless steel prices to rise-Zhejiang Benji Stainless Steel Co., Ltd

1、 Raw material report: 1. Nickel: On November 21st, London nickel was $15714, down 192 yuan, or 1.21%;; The latest price of Shanghai Nickel 2501 is 125150 yuan, a decrease of 2370 yuan, a decrease of 1.86%; Shanghai high carbon ferrochrome FeCr55C1000 (50 basis) 8450 yuan/50 basis tons. Luoyang molybdenum iron is 238500 yuan/ton, down 1000 yuan. 2. The latest price of stainless steel 2501 is 13185 yuan, a decrease of 160 yuan, a decrease of 1.20%; Position held 133468 lots, trading volume 69206 lots. 3. Fujian Qingtuo Yongchang Freight Yard Waste Stainless Steel Purchase Price: 1) 304 new material small punch plate costs 9850 yuan/ton, 304 new material large plate tube costs 9700 yuan/ton, and 304 industrial material plate tube costs 9400 yuan/ton; 2) 316 new material, small punch plate at 18400 yuan/ton, industrial sheet tube at 18000 yuan/ton, 316 shavings plain anhydrous oil at 16800 yuan/ton. 3) 2205 old material costs 17800 yuan/ton, new material costs 18000 yuan/ton; 2507 old material costs 21500 yuan/ton, new material costs 22200 yuan/ton, 2520 old material costs 21800 yuan/ton, and new material costs 23500 yuan/ton. 2、 Wuxi stainless steel coil reference price 1. Taiyuan Iron and Steel Hot Rolling Guide Price: 300 hot rolling series: 14800 yuan/ton for 304/NO. 1; 15600 yuan/ton for 321/NO.1; 25100 yuan/ton for 316L/NO.1. Medium plate (trimmed, thickness: 14-20mm, width: 1500mm) made of 304 material -16700 yuan/ton, 321 material: 19200 yuan/ton, 316L material: 28600 yuan/ton. 2. Dongte Hot Rolling Guide Price: S30408 material 4-12mm costs 13000 yuan/ton, 14mm costs 13200 yuan/ton; 13400 yuan/ton for 16mm; S31603 material costs 23900 yuan/ton for 4-12mm and 24200 yuan/ton for 14mm; 16mm at 24400 yuan/ton; 310S hot-rolled flat plate 3 and 4mm costs 33400 yuan/ton, 5-10mm costs 32600 yuan/ton, 12mm costs 32800 yuan/ton, and 14mm costs 33800 yuan/ton. 2205 hot rolling 25100 yuan/ton 3. Qingshan Hot Rolling: 304 material costs 12900 yuan/ton; Dingxin 310S material is priced at 32500 yuan/ton for 3mm, 32600 yuan/ton for 4mm, and 32400 yuan/ton for 5-10mm. 4. Zhangpu guide price: 13200 yuan/ton for 304 material, 15900 yuan/ton for 321 hot rolling; 316L hot rolling costs 24100 yuan/ton. 3、 Reference price for stainless steel tube and rod 1. The November price of Qingshan round steel is between 65-130 yuan. S30400 material costs 13000 yuan/ton, 316L material costs 23400 yuan/ton, TP321 material costs 15800 yuan/ton, 321 material costs 14600 yuan/ton, S22053 material costs 23900 yuan/ton, and 310S material costs 32000 yuan/ton. 2. 【 Zhejiang Friendship New Material Continuous Casting Billet 】 The price of 304 material is 12800 yuan/ton for ￠ 160-260 and 12900 yuan/ton for ￠ 300-360. 316L material costs 23400 yuan/ton for ￠ 160-260 and 23500 yuan/ton for ￠ 300-360. 2205 material ￠ 160-360 costs 24000 yuan/ton. 29200 yuan/ton for 2507 material ￠ 160-660. 31700 yuan/ton for 310S material ￠ 160-360. 17200 yuan/ton for 347H ￠ 300-360. 【 Bar 】 310S material ￠ 65-1300 yuan/ton. 3. 【 Yongxing Bar Material ￠ 65-130 】 304 material costs 16000 yuan/ton, TP321 material costs 18500 yuan/ton, 316L material costs 27800 yuan/ton, 316LGB material costs 30800 yuan/ton, and S22053 material costs 29300 yuan/ton. 4. 【 Fukai Market Price 】: 1) 2205 (F60) material ￠ 150-300 round steel 24600 yuan/ton; 65-130 round steel 24800 yuan/ton; 2) 310S material costs 33000 yuan/ton for ￠ 150-300 and 33500 yuan/ton for ￠ 65-130; 26500 yuan/ton for 309S material ￠ 65-130; 3) S32750 (F53) material ￠ 150-300 round steel 31500 yuan/ton; 65-130 round steel costs 34000 yuan/ton. S32760 (F55) material ￠ 65-130 round steel 39000 yuan/ton. 4) 316L ￠ 65-130 round steel at 25200 yuan/ton; 316Ti ￠ 65-130 round steel 29200 yuan/ton; National standard 316L ￠ 65-130 round steel 32300 yuan/ton; German standard 316 material ￠ 65-130 round steel 29500 yuan/ton; 317L ￠ 65-130 round steel, priced at 35700 yuan/ton; 5) 18300 yuan/ton for 321H material ￠ 65-130; 20500 yuan/ton for 347H material ￠ 65-130; 6) NO7718 ￠ 200-250 round steel at 158000 yuan/ton; 65-130 round steel 155000 yuan/ton; 7) NO8810 ￠ 200-250 round steel 63500 yuan/ton; 65504-130 round steel costs 65500 yuan/ton. 8) NO8926/1.4529 Material: 84000 yuan/ton for ￠ 200-250 round steel, 72000 yuan/ton for ￠ 65-130 round steel,; 9) NO8825 material ￠ 200-250 round steel 91000 yuan/ton, ￠ 65-130 round steel 93000 yuan/ton; 10) NO8028 ￠ 200-250 round steel 82000 yuan/ton, ￠ 65-130 round steel 84000 yuan/ton; 11) NO8120 ￠ 200-250 round steel costs 79000 yuan/ton, and ￠ 65-130 round steel costs 80500 yuan/ton; 12) 630 material (17-4) ￠ 150-300 round steel 16000 yuan/ton, ￠ 65-130 round steel 16100 yuan/ton; 631 material (17-7) ￠￠ 65-130 round steel 18600 yuan/ton; 632 material (15-7Mo) ￠￠ 65-130 round steel 29300 yuan/ton; 13) 183000 yuan/ton for NO6625 material ￠ 200-250; ￠ 65-130 round steel 185000 yuan/ton; 14) 114000 yuan/ton for NO6601 material ￠ 200-250; 116000 yuan/ton for ￠ 65-130. 15) 132000 yuan/ton for NO6600 material ￠ 200-250; 134000 yuan/ton for ￠ 65-130. 16) 204000 yuan/ton for NO10276 ￠ 200-250; 65-130 round steel 210000 yuan/ton; 17) XM-19 ￠ 65-130 round steel, priced at 34300 yuan/ton; 18) S31254 material ￠ 65-130 round steel 62000 yuan/ton. 19) 904L material ￠ 65-130 round steel 63500 yuan/ton. 20) XM-19 material ￠ 65-130 round steel costs 34300 yuan/ton, 15-5PH (XM-12) material ￠ 65-130 round steel costs 18300 yuan/ton. 21) NO3030 material ￠ 200-250, priced at 149000 yuan/ton; 65-130 round steel costs 152000 yuan/ton. 155000 yuan/ton for NO4400 material ￠ 200-250; 22) 141000 yuan/ton for NO4400 material ￠ 200-250; 65-130 round steel costs 143000 yuan/ton. 23) 1.4460 material ￠ 65-130 round steel 23500 yuan/ton. 24) Wuxi Puheng forged round 304L material costs 15400 yuan/ton for ￠ 140-250 and 16300 yuan/ton for ￠ 260-400; 316L material costs 25700 yuan/ton for sizes 140-250 and 25900 yuan/ton for sizes 260-400. 5. Zhejiang Benji Pipe Reference Price Stainless steel seamless tube 30408 material, specification 25 * 2 * 6000, cold drawn tube acid washed and weighed delivery -26 yuan/kg; Stainless steel seamless tube S31603 material, specification 25 * 2 * 6000 cold drawn tube acid washed and weighed delivery -39.9 yuan/kg; Stainless steel seamless tube S32168 material, specification 25 * 2 * 6000 cold drawn tube acid washed and weighed delivery -30.3 yuan/kg; Stainless steel welded pipe made of 30408 material, specification 219-813 * 4-6, acid washed and weighed for delivery -19.4 yuan/kg; Stainless steel welded pipe S31603 material, specification 219-813 * 4-6 acid washed weighing delivery -32.3 yuan/kg; Stainless steel welded pipe 32168 material, specification 219-813 * 4-6 acid washed weighing delivery -25.4 yuan/kg. 4、 Statistical data: According to Mysteel research: On November 21, 2024, the social inventory of 89 caliber stainless steel warehouses in the mainstream market nationwide was 970612 tons, a decrease of 1905 tons or 0.20% compared to the previous week. Among them: The total inventory of cold-rolled stainless steel is 615474 tons, a decrease of 7996 tons or 1.28% compared to last week; The total inventory of hot-rolled stainless steel was 355141 tons, an increase of 6091 tons or 1.75% compared to last week; The total inventory of the 200 series is 182794 tons, an increase of 6773 tons or 3.85% compared to last week; The total inventory of 300 series is 630651 tons, a decrease of 5854 tons or 0.92% compared to last week; The total inventory of 400 series is 157167 tons, a decrease of 2824 tons or 1.77% compared to last week. Wuxi inventory 50 warehouse caliber 597589 tons, an increase of 2700 tons or 0.45% compared to last week; Foshan inventory is 278473 tons, a decrease of 3235 tons or 1.15% compared to last week; Zibo, Jieyang, Shenyang, and Xian have inventories of 64550 tons, a decrease of 1370 tons or 1.43% from last week. 5、 Market analysis Indonesias domestic FOB price for nickel ore decreased in December, with nickel ore Ni: 1.6% MC: 35% FOB price lowered by $2 to $27.97 per wet ton. It is expected that nickel ore prices will decline next month. Two days ago, Qingshan raised the price of stainless steel bars by 50 yuan/ton across the entire line. However, market feedback indicated that there was insufficient driving force for price increases and a lack of demand support, making it difficult to stimulate downstream transactions. Merchants maintained cautious stocking operations. On the demand side, as the impact of macro expectations decreases, the market gradually returns to fundamentals, and merchants willingness to ship increases. Considering the cooling in the north and the increasing impact of severe cold weather on construction projects, market demand is gradually weakening, and some traders are lowering prices to stimulate shipments. However, the spot delivery situation is not good, and currently the focus is mainly on on-demand procurement.

Zhejiang Benji Stainless Steel Co., Ltd.,