The bullish sentiment in ferromolybdenum market is not decreasing, and it is difficult to boost the demand for stainless steel by "anti-involution"-Zhejiang Benji Stainless Steel Co., Ltd

First, the raw material report:
1. Nickel: On July 28th, London nickel closed at $15,269, down $51, or 0.33%; The latest price of Shanghai Nickel 2509 is 122,130 yuan, down by 0.58% in 710 yuan. Shanghai high carbon ferrochromium FeCr55C1000(50 basis) 7600 yuan /50 basis tons. The reference price of Luoyang ferromolybdenum FeMo60 is 261,100 yuan/ton, up 3,000 yuan.
2. The latest price of stainless steel 2509 is 12,875 yuan, down by 0.46% in 60 yuan; The position was 108,706 lots and the turnover was 59,596 lots.
3, Fujian Qingtuo renewable resources Yongchang freight yard waste stainless steel purchase price (yuan/ton):
1) 304 new material and laser plate: 9700 yuan/ton, 304 new punching plate and thick plate tube: 9550 yuan/ton, 304 industrial material and plate tube: 9200 yuan/ton, and 304 oil punch: 9100 yuan/ton;
2), 316 new material, laser plate, edge wire 18400, 316 industrial material, plate short and thick tube 18100;
3), 2205 black material 17200, white material 18200; 2507 black material 18800, white material 20600; 2520 black material 21000, white material 23000.
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: 14,950 yuan/ton for 304/NO.1; 15,300 yuan/ton of 321/ NO.1; 25,800 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 27,600 yuan/ton.
2. Guide price of Dongte hot rolling:
S30408 12,500 yuan/ton made of 4-12mm and 12,500 yuan/ton made of 14mm; 12,500 yuan/ton for 16mm;
S31603 23,700 yuan/ton for 4-12mm and 23,700 yuan/ton for 14mm; 16mm 23700 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 12,350 yuan/ton; Dingxin 2205 hot rolled 25,350 yuan/ton, Dingxin 310S material 3mm 32,000 yuan/ton, 4-10mm 31,700 yuan/ton.
4. Zhang Pu guide price: 12,700 yuan/ton for 304 material and 15,500 yuan/ton for 321 hot rolling; 316L hot rolling 24000 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 12,400 yuan/ton, 316L material is 23,200 yuan/ton, TP321 material is 15,100 yuan/ton, 321 material is 13,900 yuan/ton, and S22053 material is 23,900 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 (negotiable) for 904L material (160-360).
3. 【 Yongxing Bar-65-130 】 304 is 15,500 yuan/ton, TP321 is 17,800 yuan/ton, 316L is 27,500 yuan/ton, 316LGB is 30,100 yuan/ton, and S22053 is 29,500 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) 32,300 yuan/ton for 310S material (150-300) and 33,300 yuan/ton for 65-130; 26,000 yuan/ton of 309S material ~ 65-130;
3), S32750(F53) material ￠150-300 round steel 30500 yuan/ton; 65-130 round steel 33300 yuan/ton. S32760(F55) material ￠65-130 round steel 37300 yuan/ton.
4), 316l ~ 65-130 round steel 27500 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 15,500 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 172,000 yuan/ton; 65-130 round steel 173,000 yuan/ton;
7), No.8810 ~ 200-250 round steel 63500 yuan/ton; 65-130 round steel 64500 yuan/ton.
8), NO8926/1.4529 material ￠200-250 round steel 88000 yuan/ton, ￠65-130 round steel 76000 yuan/ton;
9) NO8825 material: 91,500 yuan/ton for 200-250 round steel and 94,500 yuan/ton for 65-130 round steel;
10), No.8028 ~ 200-250 round steel 80500 yuan/ton, ~ 65-130 round steel 81500 yuan/ton;
11), No.8120 ~ 200-250 round steel 84500 yuan/ton, ~ 65-130 round steel 86500 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) 187,000 yuan/ton of NO6625 material (200-250); 65-130 round steel 181,000 yuan/ton;
14) 117,000 yuan/ton of NO6601 material (200-250); 118,000 yuan/ton for 65-130.
15) 131,000 yuan/ton of NO6600 material (200-250); 133,000 yuan/ton for 65-130.
16) 205,000 yuan/ton for NO10276￠200-250-250; 65-130 round steel 207,000 yuan/ton;
17), XM-19 ~ 65-130 round steel 34300 yuan/ton;
18), S31254 material-65-130 round steel 62000 yuan/ton.
19), 904L material ￠65-130 round steel 63000 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) 159,000 yuan/ton of NO3030 material (200-250); 65-130 round steel 161000 yuan/ton.
155,000 yuan/ton of NO4400 material ~ 200-250;
22) 146,000 yuan/ton of NO4400 material (200-250); 65-130 round steel 148,000 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-24.9 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-28.9 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-32 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 24th, 2025, the social stock of stainless steel 89 warehouse in the national mainstream market was 1,118,586 tons, 29,202 tons less than last week, with a decrease of 2.54%, of which:
The total inventory of cold-rolled stainless steel is 625,447 tons, which is 15,565 tons less than last week, with a decrease of 2.43%.
The total inventory of hot-rolled stainless steel is 493,139 tons, which is 13,637 tons less than last week, a decrease of 2.69%;
The total inventory of 200 series is 202,134 tons, a decrease of 3,521 tons or 1.71% compared with last week;
The total inventory of 300 series is 669,941 tons, which is 17,520 tons less than last week, a decrease of 2.55%;
The total inventory of 400 series is 246,511 tons, a decrease of 8,161 tons or 3.20% compared with last week;
The caliber inventory of Wuxi 50 warehouse is 614,834 tons, which is 9,835 tons less than last week, a decrease of 1.57%;
The caliber inventory of Foshan 28 warehouse is 326,703 tons, which is 13,627 tons less than last week, with a decrease of 4.00%.
11 warehouses in Zibo, Jieyang, Shenyang and Xi an have a caliber inventory of 177,049 tons, a decrease of 5,740 tons or 3.14% compared with last week.

V. Market analysis
1, ferromolybdenum
On July 28th, the tender price of ferromolybdenum in a steel plant in Henan was 268,600 yuan/ton. The latest gossip in the morning: in the first round of mining transactions, the cost of ferromolybdenum reached 290 thousand. The bullish sentiment in ferromolybdenum market is obvious, the cost of iron works is high, and some manufacturers suspend shipment because of the difficulty in replenishing raw materials. On the whole, due to the mine accident last week, the supply of raw materials narrowed slightly, the market is expected to be bullish strongly, and the short-term price is still dominated by a small increase. Pay attention to the bidding situation of mines today.
2. Ferronickel
Market sentiment cooled, and nickel prices surged back. According to the latest news from Indonesian Nickel Association, the amount of RKAB approval for nickel mines has reached 364 million tons, far exceeding market expectations. During the year, the pattern of nickel mines in Indonesia changed from tight to loose. Recently, the price of nickel mines has dropped, and the support for the downstream has weakened. Under high supply and high inventory, the overall price of nickel is under pressure.
3. Stainless steel
The demand for stainless steel was obviously dragged down by real estate. In July, the apparent consumption of 300 series stainless steel in Zhou Du decreased slightly from the previous month, mainly due to the weakening of terminal orders such as building decoration and kitchen utensils. Despite being boosted by the "anti-involution" initiative, traders are not willing to replenish stocks, and spot transactions are mainly just needed, and the demand for nickel is limited.

Zhejiang Benji Stainless Steel Co., Ltd.,