The price of stainless steel raw materials has weakened, and the willingness of merchants to store in winter is insufficient-Zhejiang Benji Stainless Steel Co., Ltd

1、 Raw material report:
1. Nickel: On December 9th, London nickel was $15996, down 51 yuan, or 0.32%;; The latest price of Shanghai Nickel 2501 is 127750 yuan, up 620 yuan, an increase of 0.49%; Shanghai high carbon ferrochrome FeCr55C1000 (50 basis) 8300 yuan/50 basis tons. Luoyang molybdenum iron 230500 yuan/ton.
2. The latest price of stainless steel 2501 is 13110 yuan, an increase of 160 yuan, or 1.24%; The holding volume is 99574 lots and the trading volume is 61356 lots.
3. Fujian Qingtuo Yongchang Freight Yard Waste Stainless Steel Purchase Price:
1) 304 new material small punch plate costs 9650 yuan/ton, 304 new material large plate tube costs 9400 yuan/ton, and 304 industrial material plate tube costs 9100 yuan/ton;
2) 316 new material, small punch plate 17800 yuan/ton, industrial sheet tube 17500 yuan/ton, 316 shavings plain anhydrous oil 16500 yuan/ton.
3) 2205 old materials are priced at 17300 yuan/ton, and new materials are priced at 17800 yuan/ton; 2507 old material costs 19800 yuan/ton, new material costs 20500 yuan/ton, 2520 old material costs 21000 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: 14500 yuan/ton for 304/NO. 1; 15500 yuan/ton for 321/NO.1; 24400 yuan/ton for 316L/NO.1.
Medium plate (trimmed, thickness: 14-20mm, width: 1500mm) made of 304 material -16700 yuan/ton, 321 material -19100 yuan/ton, 316L material -28500 yuan/ton.
2. Dongte Hot Rolling Guide Price:
S30408 material costs 12600 yuan/ton for 4-12mm and 12800 yuan/ton for 14mm; 13000 yuan/ton for 16mm;
S31603 material: 23000 yuan/ton for 4-12mm, 23300 yuan/ton for 14mm; 23500 yuan/ton for 16mm;
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 24700 yuan/ton
3. Qingshan Hot Rolling: 12500 yuan/ton for 304 material; Dingxin 310S material is priced at 32300 yuan/ton for 3mm, 32400 yuan/ton for 4mm, and 32200 yuan/ton for 5-10mm.
4. Zhangpu guide price: 12900 yuan/ton for 304 material, 15900 yuan/ton for 321 hot rolling; 316L hot rolling costs 23200 yuan/ton.
3、 Reference price for stainless steel tube and rod
1. The December price of Qingshan round steel is between 65-130 yuan. S30400 material costs 12550 yuan/ton, 316L material costs 22450 yuan/ton, TP321 material costs 15350 yuan/ton, 321 material costs 14150 yuan/ton, S22053 material costs 23150 yuan/ton, and 310S material costs 31350 yuan/ton.
2. 【 Zhejiang Friendship New Material Continuous Casting Billet 】 The price of 304 material is 12250 yuan/ton for ￠ 160-260 and 12350 yuan/ton for ￠ 300-360. The price of 316L material is 22350 yuan/ton for sizes 160-260 and 22650 yuan/ton for sizes 65-130; 22550 yuan/ton for ￠ 300-360. 22950 yuan/ton for 2205 material ￠ 160-360 and 23950 yuan/ton for 65-130; 28300 yuan/ton for 2507 material ￠ 160-660, 30600 yuan/ton for ￠ 65-130; 310S material costs 31200 yuan/ton for ￠ 160-360 and 31300 yuan/ton for ￠ 65-130. 16900 yuan/ton for 347H ￠ 300-360.
3. 【 Yongxing Bar Material ￠ 65-130 】 304 material costs 15500 yuan/ton, TP321 material costs 17900 yuan/ton, 316L material costs 26800 yuan/ton, 316LGB material costs 29600 yuan/ton, and S22053 material costs 28300 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) 32000 yuan/ton for 310S material ￠ 150-300, 33000 yuan/ton for ￠ 65-130; 26000 yuan/ton for 309S material ￠ 65-130;
3) S32750 (F53) material ￠ 150-300 round steel 30800 yuan/ton; 65-130 round steel costs 33500 yuan/ton. S32760 (F55) material ￠ 65-130 round steel 37000 yuan/ton.
4) 316L ￠ 65-130 round steel at 25200 yuan/ton; 316Ti ￠ 65-130 round steel 28300 yuan/ton; National standard 316L ￠ 65-130 round steel 31500 yuan/ton; German standard 316 material ￠ 65-130 round steel 29000 yuan/ton; 317L ￠ 65-130 round steel 34700 yuan/ton;
5) 18000 yuan/ton for 321H material ￠ 65-130; 20500 yuan/ton for 347H material ￠ 65-130;
6) NO7718 ￠ 200-250 round steel 168000 yuan/ton; ￠ 65-130 round steel 170000 yuan/ton;
7) NO8810 ￠ 200-250 round steel 63500 yuan/ton; 65504-130 round steel costs 65500 yuan/ton.
8) NO8926/1.4529 material: ￠ 200-250 round steel 83000 yuan/ton, ￠ 65-130 round steel 71500 yuan/ton,;
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 15900 yuan/ton, ￠ 65-130 round steel 15900 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) 181000 yuan/ton for NO6625 material ￠ 200-250; ￠ 65-130 round steel 183000 yuan/ton;
14) 114000 yuan/ton for NO6601 material ￠ 200-250; 115000 yuan/ton for ￠ 65-130.
15) 131000 yuan/ton for NO6600 material ￠ 200-250; 133000 yuan/ton for ￠ 65-130.
16) 202000 yuan/ton for NO10276 ￠ 200-250; 65-130 round steel priced at 206000 yuan/ton;
17) XM-19 ￠ 65-130 round steel, priced at 34300 yuan/ton;
18) S31254 material ￠ 65-130 round steel 61000 yuan/ton.
19) 904L material ￠ 65-130 round steel 62500 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) 139000 yuan/ton for NO4400 material ￠ 200-250; 65-130 round steel costs 141000 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 -25.1 yuan/kg;
Stainless steel seamless tube S31603 material, specification 25 * 2 * 6000 cold drawn tube acid washed and weighed delivery -37.5 yuan/kg;
Stainless steel seamless tube S32168 material, specification 25 * 2 * 6000 cold drawn tube acid washed and weighed delivery -29.2 yuan/kg;
Stainless steel welded pipe made of 30408 material, specification 219-813 * 4-6, acid washed and weighed for delivery -19 yuan/kg;
Stainless steel welded pipe S31603 material, specification 219-813 * 4-6 acid washed weighing delivery -31.4 yuan/kg;
Stainless steel welded pipe 32168 material, specification 219-813 * 4-6 acid washed weighing delivery -25.3 yuan/kg.
4、 Statistical data:
According to Mysteel research:
On December 5, 2024, the social inventory of 89 caliber stainless steel warehouses in the mainstream market nationwide was 949887 tons, an increase of 13131 tons or 1.40% compared to the previous week. Among them:
The total inventory of cold-rolled stainless steel was 599724 tons, an increase of 4006 tons or 0.67% compared to last week;
The total inventory of hot-rolled stainless steel is 350163 tons, an increase of 9125 tons or 2.68% compared to last week;
The total inventory of the 200 series is 192210 tons, an increase of 11718 tons or 6.49% compared to last week;
The total inventory of 300 series is 606497 tons, a decrease of 406 tons or 0.07% compared to last week;
The total inventory of 400 series is 151180 tons, an increase of 1819 tons or 1.22% compared to last week.
Wuxi inventory 50 warehouse caliber 580067 tons, a decrease of 2503 tons or 0.43% compared to last week;
The inventory in Foshan is 274659 tons, an increase of 8788 tons or 3.31% compared to last week;
Zibo, Jieyang, Shenyang, and Xian have inventory of 95161 tons, an increase of 6846 tons or 7.75% compared to last week.
5、 Market analysis
At present, the spot cost continues to invert, but the upstream high nickel iron prices are under pressure, and the prices of high carbon chromium iron, molybdenum iron, and waste stainless steel have all decreased. The raw material prices have weakened, and cost support has also weakened. From the perspective of supply and demand, there is basically no change in the demand side of spot goods, but steel mills still maintain a high production schedule, and social inventory remains relatively high, indicating a loose supply and demand. In addition, explicit inventory is still at a relatively high level. It is expected that the price of stainless steel will be weak, mainly due to operation.
This year, the willingness of traders to store in winter is not strong. The theme of merchants is to reduce inventory operation to avoid risks, and the market trading volume is very limited.

Zhejiang Benji Stainless Steel Co., Ltd.,