The further reduction of stainless steel production is expected to be higher, and the price of bar is raised across Qingshan.-Zhejiang Benji Stainless Steel Co., Ltd

First, the raw material report: 1. Nickel: On August 11th, London nickel closed at USD 15,351, up USD 195 or 1.29%; The latest price of Shanghai Nickel 2510 is 122,950 yuan, up 1,110 yuan, or 0.91%; Shanghai high carbon ferrochromium FeCr55C1000(50 basis) 7600 yuan /50 basis tons. The reference price of Luoyang ferromolybdenum FeMo60 is 271100 yuan/ton. 2. The latest price of stainless steel 2510 is 13,230 yuan, up by 80 yuan, or 0.61%; The position was 142,735 lots and the turnover was 58,495 lots. 3, Fujian Qingtuo renewable resources Yongchang freight yard waste stainless steel purchase price (yuan/ton): 1) 304 new material and laser plate: 9900 yuan/ton, 304 new punching plate and thick plate tube: 9750 yuan/ton, 304 industrial material and plate tube: 9350 yuan/ton, 304 oil punch and big nut core: 9400 yuan/ton; 2), 316 new material, laser plate, edge wire 18700, 316 industrial material, plate short and thick tube 18500; 3), 2205 black material 17800, white material 18600; 2507 black material 19200, white material 20800; 2520 black material 21200, white material 23300. 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: 15,100 yuan/ton for 304/NO.1; 15,450 yuan/ton of 321/ NO.1; 26,300 yuan/ton for 316L/NO.1 Medium plate (trimmed, thickness: 14-20mm, width: 1500mm)304 material-16,150 yuan/ton, 321 material 18,300 yuan/ton, 316L material 28,000 yuan/ton. 2. Guide price of Dongte hot rolling: S30408 is made of 12,650 yuan/ton for 4-12mm and 12,650 yuan/ton for 14mm; 12,650 yuan/ton for 16mm; S31603 24250 yuan/ton made of 4-12mm and 24250 yuan/ton made of 14mm; 16mm 24250 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 12,650 yuan/ton; Dingxin 2205 hot rolled 26,200 yuan/ton, Dingxin 310S material 3mm 32,200 yuan/ton, 4-10mm 31,900 yuan/ton. 4. Zhang Pu guide price: 12,800 yuan/ton for 304 material and 15,500 yuan/ton for 321 hot rolling; 316L hot rolling 24800 yuan/ton. III. Reference price of stainless steel tubes and rods 1. [The price of Qingshan Round Steel is 65-130 in April] S30400 is 12,750 yuan/ton, 316L is 23,900 yuan, TP321 is 15,450 yuan/ton, 321 is 14,250 yuan/ton, and S22053 is 24,500 yuan/ton, for 310S. 2. 【 Zhejiang Friendship New Material Continuous Casting Slab 】 1) 16,900 yuan/ton of 347H material (160-360). 2) 24,500 yuan/ton for 2205, 160-360 and 24,800 yuan/ton for 65-105; 3) 29,800 yuan/ton for 2507 material ￠160-360 and 30,200 yuan/ton for 65-105 (negotiable); 4) 32,400 yuan/ton of 32,760 material (160-360) 5) 30,300 yuan/ton for 310S material ￠160-360 and 30,400 yuan/ton for 65-130. 6) 59,200 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-38.8 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-18.9 yuan/kg; Stainless steel welded pipe S31603 material, specification 219-813*4-6 pickling and weighing delivery-32.6 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 August 7, 2025, the social stock of stainless steel 89 warehouse in the national mainstream market was 1,106,304 tons, down 4,885 tons from last week, with a decrease of 0.44%, of which: The total inventory of cold-rolled stainless steel is 622,713 tons, which is 4,358 tons less than last week, a decrease of 0.69%; The total inventory of hot-rolled stainless steel was 483,591 tons, a decrease of 527 tons or 0.11% compared with last week. The total inventory of 200 series is 213,114 tons, an increase of 20,380 tons over last week, with an increase of 10.57%; The total inventory of 300 series is 657,558 tons, which is 19,112 tons less than last week, a decrease of 2.82%; The total inventory of 400 series is 235,632 tons, a decrease of 6,153 tons or 2.54% compared with last week; The caliber inventory of Wuxi 50 warehouse is 616,162 tons, which is 3,316 tons less than last week, a decrease of 0.54%; The caliber inventory of Foshan 28 warehouse is 330,802 tons, an increase of 6,401 tons over last week, with an increase of 1.97%; 11 warehouses in Zibo, Jieyang, Shenyang and Xi an have a caliber inventory of 159,340 tons, a decrease of 7,970 tons or 4.76% compared with last week. V. Market analysis The ferromolybdenum market is stable and cautious. In the morning, Qingshan raised the 200 yuan/ton of 304 and 321 bars and the 300 yuan/ton of 316L bars. Although the downstream demand of stainless steel is still weak, the inventory remains high. However, judging from the "anti-involution" and the statement of the Ministry of Industry and Information Technology, because the stainless steel industry is in oversupply, stainless steel enterprises have continued to lose money before, and the market has higher expectations for further reduction of stainless steel production. Moreover, from the valuation point of view, compared with other varieties that benefit from "anti-involution", the price of stainless steel is still low. It is expected that stainless steel prices will continue to be strong in the short term, boosted by emotions and funds, and further progress in follow-up policies and production reduction will be paid attention to. The higher price of stainless steel has also boosted the price of nickel, but the trend of oversupply of pure nickel is difficult to reverse. This year, the quota approval of RKAB in Indonesia has reached 360 million, and the consumption in the first half of the year was only 120 million. The strong price of nickel ore in Indonesia has weakened the boost to nickel prices. Indonesias hydrometallurgical pure nickel process still has a profit margin of more than 20%. Nickel prices are treated by players with the idea of rebounding and selling short.

Zhejiang Benji Stainless Steel Co., Ltd.,