The continuous production reduction of steel mills responded to -Zhejiang Benji Stainless Steel Co., Ltd

First, the raw material report: 1. Nickel: On July 9, the closing price of nickel in London was $15,523, up by $305 or 2.00%; The latest price of Shanghai Nickel 2509 is 123,550 yuan, up 1,680 yuan or 1.38%. Shanghai high carbon ferrochromium FeCr55C1000(50 basis) 7600 yuan /50 basis tons. Luoyang ferromolybdenum 252600 yuan/ton. 2. The latest price of stainless steel 2509 is 12,900 yuan, up by 30 yuan, or 0.23%; The position was 135,357 lots and the turnover was 68,161 lots. 3, Fujian Qingtuo renewable resources Yongchang freight yard waste stainless steel purchase price (yuan/ton): 1) 304 new material and laser plate: 9750 yuan/ton, 304 new punching plate and thick plate tube: 9600 yuan/ton, 304 industrial material and plate tube: 9200 yuan/ton, and 304 oil punch: 9300 yuan/ton; 2), 316 new material, laser plate, edge wire 18000, 316 industrial material, plate short and thick tube 17700; 3), 2205 black material 17000, white material 17800; 2507 black material 18800, white material 20200; 2520 black material 21000, white material 22900. Delivery place: A113, No.15 Road, Binhai No.1 Road, Longwan District, Wenzhou City (including tax invoicing and additional tax points) Second, Wuxi stainless steel coil reference price 1, TISCO hot rolling guide price: 300 hot rolling series: 14,750 yuan/ton for 304/NO.1; 15,200 yuan/ton of 321/ NO.1; 25,200 yuan/ton for 316L/NO.1 Medium plate (trimmed, thickness: 14-20mm, width: 1500mm)304 material-16,100 yuan/ton, 321 material 18,300 yuan/ton, 316L material 27,300 yuan/ton. 2. Guide price of Dongte hot rolling: S30408 12,400 yuan/ton made of 4-12mm and 12,400 yuan/ton made of 14mm; 12,400 yuan/ton for 16mm; S31603 23,350 yuan/ton made of 4-12mm and 23,350 yuan/ton made of 14mm; 16mm 23350 yuan/ton; 310S hot rolled flat plate is 32,300 yuan/ton for 3mm, 32,000 yuan/ton for 4-12mm and 32,700 yuan/ton for 14mm. 3. Qingshan hot rolling: 304 material is 12,300 yuan/ton; Dingxin 2205 hot rolled 25,200 yuan/ton, Dingxin 310S material 3mm 32,100 yuan/ton, 4-10mm 31,700 yuan/ton. 4. Zhang Pu guide price: 12,650 yuan/ton for 304 material and 15,500 yuan/ton for 321 hot rolling; 316L hot rolling 23800 yuan/ton. III. Reference price of stainless steel tubes and rods 1. [The price of Qingshan round steel is 65-130 in April] S30400 material is 12,200 yuan/ton, 316L material is 22,900 yuan/ton, TP321 material is 14,900 yuan/ton, 321 material is 13,700 yuan/ton, and S22053 material is 23,600 yuan/ton, 310S s. 2. 【 Zhejiang Friendship New Material Continuous Casting Slab 】 1) 16,300 yuan/ton of 347H material (160-360); 22,700 yuan/ton of 316H material ~ 160-360. 2) 23,400 yuan/ton for 2205 material ￠160-360 and 23,600 yuan/ton for 65-105 (negotiable); 3) 28,700 yuan/ton for 2507 material ￠160-360 and 30,100 yuan/ton for 65-105; 4) 31,300 yuan/ton of 32,760 material (160-360) 5) 30,400 yuan/ton for 310S material ￠160-360 and 30,600 yuan/ton for 65-130. 6) 58,600 yuan/ton of 904L material (160-360). 3. 【 Yongxing Bar 65-130 】 The material of 304 is 16,000 yuan/ton, the material of TP321 is 18,400 yuan/ton, the material of 316L is 27,000 yuan/ton, the material of 316LGB is 29,800 yuan/ton, and the material of S22053 is 28,500 yuan/ton. 4. [Fukai Sales Price]: 1), 2205(F60) material ￠150-300 round steel 24900 yuan/ton (discussion); 65-130 round steel 25,100 yuan/ton (by electricity); 2) 32,000 yuan/ton for 310S material (150-300) and 33,000 yuan/ton for 65-130; 26,000 yuan/ton of 309S material ~ 65-130; 3), S32750(F53) material ￠150-300 round steel 30200 yuan/ton; 65-130 round steel is 33,000 yuan/ton. S32760(F55) material ￠65-130 round steel 37000 yuan/ton. 4) 316l ~ 65-130 round steel is 27,000 yuan/ton; 316ti ~ 65-130 round steel 28,100 yuan/ton; National standard 316l ~ 65-130 round steel 31500 yuan/ton; German standard 316 material-65-130 round steel 28,700 yuan/ton; 317L ~ 65-130 round steel 34700 yuan/ton; 5) 15,100 yuan/ton for 304 round steel (150-300) and 16,000 yuan/ton for 65-130; 18,000 yuan/ton of 321H material ~ 65-130; 20200 yuan/ton of 347H material ~ 65-130; 6), No.7718 ~ 200-250 round steel 170,000 yuan/ton; 65-130 round steel 171,000 yuan/ton; 7), No.8810 ~ 200-250 round steel 63000 yuan/ton; 65-130 round steel 64000 yuan/ton. 8), NO8926/1.4529 material ￠200-250 round steel 87000 yuan/ton, ￠65-130 round steel 75000 yuan/ton; 9) NO8825 material: 90,000 yuan/ton for 200-250 round steel and 93,000 yuan/ton for 65-130 round steel; 10), No.8028 ~ 200-250 round steel 80000 yuan/ton, ~ 65-130 round steel 81000 yuan/ton; 11), No.8120 ~ 200-250 round steel 84000 yuan/ton, ~ 65-130 round steel 86000 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 19,000 yuan/ton; 632 material (15-7mo) ~ 65-130 round steel 29,300 yuan/ton; 13) 183,000 yuan/ton of NO6625 material (200-250); 65-130 round steel 178,000 yuan/ton; 14) 115,000 yuan/ton of NO6601 material (200-250); 116,000 yuan/ton for 65-130. 15) 129,000 yuan/ton of NO6600 material (200-250); 131,000 yuan/ton for 65-130. 16) 200,000 yuan/ton for NO10276￠200-250-250; 65-130 round steel 202,000 yuan/ton; 17), XM-19 ~ 65-130 round steel 34300 yuan/ton; 18), S31254 material-65-130 round steel 61000 yuan/ton. 19), 904L material ￠65-130 round steel 62000 yuan/ton. 20), XM-19 material ￠65-130 round steel 34300 yuan/ton, 15-5PH(XM-12) material ￠65-130 round steel 18600 yuan/ton. 21) 157,000 yuan/ton of NO3030 material (200-250); 65-130 round steel 159,000 yuan/ton. 155,000 yuan/ton of NO4400 material ~ 200-250; 22) 142,000 yuan/ton of NO4400 material (200-250); 65-130 round steel 144000 yuan/ton. 23), 1.4460 material ￠65-130 round steel 23800 yuan/ton. 5. 【 Zhejiang Benji Pipe Reference Price 】 Stainless steel seamless pipe 30408 material, specification 25*2*6000 cold-drawn pipe pickling weighing delivery-24.8 yuan/kg; Stainless steel seamless pipe S31603 material, specification 25*2*6000 cold-drawn pipe pickling weighing delivery-38.1 yuan/kg; Stainless steel seamless pipe S32168 material, specification 25*2*6000 cold-drawn pipe pickling weighing delivery-28.6 yuan/kg; Stainless steel welded pipe 30408 material, specification 219-813*4-6 pickling and weighing delivery-18.8 yuan/kg; Stainless steel welded pipe S31603 material, specification 219-813*4-6 pickling and weighing delivery-31.8 yuan/kg; Stainless steel welded pipe 32168 material, specification 219-813*4-6 pickling and weighing delivery-24.9 yuan /kg. Fourth, statistical data: According to Mysteel research: On July 17th, 2025, the social stock of stainless steel 89 warehouse in the national mainstream market was 1,147,788 tons, 19,715 tons less than last week, with a decrease of 1.69%, including: The total inventory of cold-rolled stainless steel was 641,012 tons, an increase of 3,848 tons or 0.60% over last week. The total inventory of hot-rolled stainless steel is 506,776 tons, which is 14,116 tons less than last week, with a decrease rate of 5.29%. The total inventory of 200 series is 205,655 tons, which is 11,913 tons less than last week, a decrease of 1.69%; The total inventory of 300 series is 687,461 tons, a decrease of 7,383 tons or 1.06% compared with last week; The total inventory of 400 series is 254,672 tons, a decrease of 419 tons or 0.16% compared with last week; The caliber inventory of Wuxi 50 warehouse is 624,669 tons, an increase of 2,358 tons over last week, with an increase of 0.38%; The caliber inventory of Foshan 28 warehouse is 340,330 tons, which is 19,109 tons less than last week, with a decrease of 5.32%. 11 warehouses in Zibo, Jieyang, Shenyang and Xi an have a caliber inventory of 182,789 tons, a decrease of 2,964 tons or 1.60% compared with last week. V. Market analysis According to Mysteel, the amount of nickel ore in the Philippines and Indonesia are closely intertwined, and the price of nickel ore is weak and volatile; At the smelting end, the supply of ferronickel increased as the disturbance in the rainy season subsided at the mine end, and the production capacity of intermediate products was still abundant. The output of refined nickel decreased in recent months, but the inventory remained high. On the demand side, July and August are in the off-season of consumption, and the downstream is not willing to undertake high prices. Recently, the macro-benefits have increased significantly, positive emotions have driven the overall strength of the non-ferrous plate, and the short positions of nickel in Shanghai have been reduced, and the price of nickel has rebounded at a low level. During the expected continuous fermentation of the anti-involution policy, it is expected that the nickel price will run strongly with the market shock in the short term. On the supply side: the recent production reduction of steel mills has continued, and the resource contraction is expected to increase. At present, the steel mills are quite expensive, the resource input has slowed down slightly, and the overall supply situation may shrink slightly. Demand: The increment of orders in the terminal market is limited, and the overall demand side is still cautious. Recently, the overall market promotion factors of the commodity market have shifted from fundamentals to policy-oriented expectations, and "anti-involution" has swept across many industries. The stainless steel market has recently reduced production, and the price has obviously stopped falling. Although the futures market fluctuated, there was no signal of further exploration. The current supply-demand relationship has gradually improved, and the support for prices has been enhanced. At the same time, in the atmosphere of rising policy expectations, the short-term stainless steel finished product market has mainly increased steadily. 6. The implementation of the new BIS full chain certification regulations of the Indian Ministry of Iron and Steel was postponed to mid-October. On July 7th, the Ministry of Iron and Steel of India announced that it would postpone the implementation of the new BIS(Bureau of Indian Standards) full-chain certification regulation scheduled for June 16th to mid-October, thus winning a critical buffer period for stainless steel export enterprises. During the buffer period, the policy is clear: first, goods in transit and signed orders are allowed to be cleared without a license; Second, BIS certification of raw materials is not mandatory for the time being; Third, BIS promises to simplify the certification process, which can be completed in 4 months at the earliest. In recent years, India has continuously upgraded the requirements for stainless steel import certification, from single product certification to traceability of the whole industrial chain (that is, all intermediate inputs used to produce BIS certified steel products must meet BIS standards), which is regarded by the industry as a "precise attack" on Chinas stainless steel exports. Under the original plan of the new regulations, China enterprises were almost shut out, and the traditional entrepot trade route in Southeast Asia was also completely blocked. This delay has won valuable time for enterprises to respond.

Zhejiang Benji Stainless Steel Co., Ltd.,