全球钼铁价格同步走低，“金九”不锈钢旺季成色减弱-Zhejiang Benji Stainless Steel Co., Ltd

First, the raw material report: 1. Nickel: On September 23rd, the closing price of nickel in London was $15,354, up by $141 or 0.93%; The latest price of Shanghai Nickel 2511 is 121,740 yuan, up by 570 yuan, or 0.47%; Shanghai high carbon ferrochromium FeCr55C1000(50 basis) 8850 yuan /50 basis tons. The reference price of Luoyang ferromolybdenum FeMo60 is 279300 yuan/ton. 2. The latest price of stainless steel 2511 is 12,940 yuan, up by 35 yuan, or 0.27%; The position was 122,616 lots and the turnover was 43,772 lots. 3, Fujian Qingtuo renewable resources Yongchang freight yard waste stainless steel purchase price (yuan/ton): 1) 304 new material and laser plate: 9650 yuan/ton, 304 new punching plate and short tube head thickness: 9550 yuan/ton, 304 industrial material and thick plate tube: 9150 yuan/ton, and 304 oil punch with large nut core: 9100 yuan/ton; 2), 316 new material, laser plate, edge wire 18900, 316 industrial material, plate short and thick tube 18600; 3), 2205 black material 18300, white material 18700; 2507 black material 19500, white material 20300; 2520 black material 21100, 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, Taigang hot rolling Wuxi price: 300 hot rolled flat plate: 13,600 yuan/ton for 3.0 * 1,500 * 6,000 mm for 304/NO.1 and 13,300 yuan/ton for 4-10mm; 321/ NO.1 is 16,200 yuan/ton for 3-6mm and 16,600 yuan/ton for 8-10mm; 25400 yuan/ton of 4.0-10.0*1500*6000mm for 316L/NO.1 Medium plate (trimmed, thickness: 14-20mm, width: 1500mm)304 material-16,450 yuan/ton, 321 material 18,400 yuan/ton, 316L material 29,000 yuan/ton. 2. Wuxi guide price of Dongte hot rolled flat plate: 12,950 yuan/ton for 3.0 * 1,500 * 6,000 mm in 304/NO.1 and 12,850 yuan/ton for 4-12mm; S31603 is made of 25,300 yuan/ton of 3mm, 25,000 yuan/ton of 4-10mm and 25,200 yuan/ton of 12mm; S22053 27550 yuan/ton made of 4-10mm and 28250 yuan/ton made of 12mm, 32400 yuan/ton for 3mm, 32100 yuan/ton for 4-12mm and 32800 yuan/ton for 14mm for 310S hot rolled flat plate. 3. Qingshan Hot Rolling: 304 material is 12,850 yuan/ton; 25,300 yuan/ton for 3mm for 316L material, 25,000 yuan/ton for 4-10mm for 316L material; Dingxin 2205 hot-rolled hot-rolled flat plate is 27,700 yuan/ton for 3mm and 27,400 yuan/ton for 4-10mm, Dingxin 310S is made of 32,300 yuan/ton of 3mm and 32,000 yuan/ton of 4-10mm. 4. Zhang Pu price: 13,250 yuan/ton for 304 material and 15,600 yuan/ton for 321 hot rolling; 316L hot rolling 25400 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 12,850 yuan/ton, 316L material is 24,450 yuan/ton, TP321 material is 15,550 yuan/ton, 321 material is 14,350 yuan/ton, and S22053 material is 26,100 yuan/ton, 310S s. 2. [New Materials of Zhejiang Friendship] 1) 17,150 yuan/ton of 347H continuous casting billet made of 160-360. 2) 25,900 yuan/ton for continuous casting billet made of 2205, 160-360 and 26,500 yuan/ton for bar made of 65-105; 3) 31,200 yuan/ton for continuous casting billet made of 2507 ￠160-360, and x yuan/ton made of 65-105 (negotiable); 4) 33,800 yuan/ton of continuous casting billet made of 32,760 ~ 160-360 5) 30700 yuan/ton for continuous casting billet made of 310S ~ 160-360 and 30800 yuan/ton for bar made of 65-130. 6) 29,500 yuan/ton for 904L material ￠160-360, and x yuan/ton for ￠65-105 (negotiable). 3. 【 Yongxing Bar-65-130 】 304 material is 16,000 yuan/ton, TP321 material is 18,300 yuan/ton, 316L material is 29,000 yuan/ton, 316LGB material is 31,600 yuan/ton, and S22053 material is 31,500 yuan/ton. 4. [Fukai Sales Price]: 1), 2205(F60) material ￠150-300 round steel X yuan/ton (discussion); 65-130 round steel 27,200 yuan/ton (by electricity); 2) 31300 yuan/ton for continuous casting round of 310S material (150-300) and 32300 yuan/ton for round steel of 65-130; Round steel made of 309S ~ 65-130 is 26,000 yuan/ton; 3), S32750(F53) material ￠150-300 continuous casting circle 32500 yuan/ton; 65-130 round steel 35300 yuan/ton. S32760(F55) material ￠65-130 round steel 37800 yuan/ton. 4), 316l ~ 65-130 round steel 27000 yuan/ton; 316ti ~ 65-130 round steel 28,000 yuan/ton; National standard 316l ~ 65-130 round steel 31500 yuan/ton; German standard 316 material-65-130 round steel 29,000 yuan/ton; 317L ~ 65-130 round steel 34200 yuan/ton; 5), 304 material ￠150-300 continuous casting round 15100 yuan/ton, ￠65-130 round steel 15500 yuan/ton; 321H round steel (65-130) is 17,800 yuan/ton; 347H round steel of 65-130 is 19,400 yuan/ton; 6), No.7718 ~ 200-250 forging round X yuan/ton; 65-130 round steel X yuan/ton; 7), No.8810 ~ 200-250 forging round 61500 yuan/ton; 65-130 round steel 62500 yuan/ton. 8), No.8926/1.4529 forged round steel ~ 200-250 round steel 86000 yuan/ton, ~ 65-130 round steel 76000 yuan/ton; 9), NO8825 material ￠200-250 forged round 88500 yuan/ton, ￠65-130 round steel 91500 yuan/ton; 10), No.8028 ~ 200-250 forging round 79500 yuan/ton, ~ 65-130 round steel 80500 yuan/ton; 11), No.8120 ~ 200-250 forging round X yuan/ton, ~ 65 ~ 130 round steel X yuan/ton; 12), 630 material (17-4), 150-300 continuous casting round 15700 yuan/ton, 65-130 round steel 15700 yuan/ton; 631 material (17-7)-65-130 round steel 18,600 yuan/ton; 632 material (15-7mo) ~ 65-130 round steel X yuan/ton; 13), NO6625 material-200-250 forged round 180,000 yuan/ton; 65-130 round steel 182,000 yuan/ton; 14) Forged round made of NO6601 (200-250) is 114,000 yuan/ton; 115,000 yuan/ton for 65-130. 15) Forged round made of NO6600 ~ 200-250 is 124,000 yuan/ton; 126,000 yuan/ton for 65-130. 16), No.10276 ~ 200-250 forging round 207000 yuan/ton; 65-130 round steel 209,000 yuan/ton; 17), XM-19 ~ 65-130 round steel 34300 yuan/ton; 18), S31254 material-65-130 round steel 63000 yuan/ton. 19), 904L material ￠65-130 round steel 63500 yuan/ton. 20), XM-19 material ￠65-130 round steel 33800 yuan/ton, 15-5PH(XM-12) material ￠65-130 round steel 18200 yuan/ton. 21) Forged round of NO3030 material (200-250) X yuan/ton; 65-130 round steel x yuan/ton. 155,000 yuan/ton of NO4400 material ~ 200-250; 22) Forged round made of NO4400 ~ 200-250 is 138,000 yuan/ton; 65-130 round steel 140,000 yuan/ton. 23), 1.4460 material-65-130 round steel x yuan/ton. 5. 【 Zhejiang Benji Pipe Reference Price 】 Stainless steel seamless pipe 30408 material, specification 25*2*6000 cold-drawn pipe pickling weighing delivery-25.5 yuan/kg; Stainless steel seamless pipe S31603 material, specification 25*2*6000 cold-drawn pipe pickling weighing delivery-40.1 yuan/kg; Stainless steel seamless pipe S32168 material, specification 25*2*6000 cold-drawn pipe pickling weighing delivery-29.5 yuan/kg; Stainless steel welded pipe 30408 material, specification 219-813*4-6 pickling and weighing delivery-19.4 yuan/kg; Stainless steel welded pipe S31603 material, specification 219-813*4-6 pickling and weighing delivery-33.7 yuan/kg; Stainless steel welded pipe 32168 material, specification 219-813*4-6 pickling and weighing delivery-25 yuan /kg. Fourth, statistical data: According to Mysteel research: On September 18th, 2025, the social stock of stainless steel 89 warehouse in the national mainstream market was 987,082 tons, 25,426 tons less than last week, with a decrease of 2.51%, of which: The total inventory of cold-rolled stainless steel was 598,806 tons, an increase of 1,038 tons or 0.17% over last week. The total inventory of hot-rolled stainless steel was 388,276 tons, a decrease of 26,464 tons or 6.38% compared with last week. The total inventory of the 200 series is 168,074 tons, a decrease of 11,300 tons or 6.30% compared with last week; The total inventory of 300 series is 617,879 tons, which is 17,163 tons less than last week, a decrease of 2.68%; The total inventory of 400 series is 201,129 tons, a decrease of 8,300 tons or 3.96% compared with last week; The caliber inventory of Wuxi 50 warehouse is 579,197 tons, a decrease of 4,458 tons or 0.76% compared with last week; The caliber inventory of Foshan 28 warehouse is 288,011 tons, which is 9,112 tons less than last week, with a decrease of 3.07%; Inventories in Zibo, Jieyang, Shenyang and Xi an were 119,874 tons, down 11,856 tons or 9.00% from last week. V. Market analysis Indian ferromolybdenum price decreased by 56,000 Indian Rupee/ton (US$ 638/ton) week on week. Due to the low inquiry volume and the falling futures price of London Metal Exchange, the price of ferromolybdenum in India continued to fall, and the global price also fell simultaneously. The tension in Indonesias mines has eased, RKABs approval has basically ensured that nickel mines are loose, and some mines in Indonesias head mines have been punished for violating regulations. The specific impact needs attention. The production of refined nickel and secondary nickel continued to rise. The performance of stainless steel improved generally in September, while the off-season performance of real estate data in July was poor. The color of the "Jin Jiu" peak season is obviously weaker than the traditional expectation. Although the stable growth work plan jointly issued by the five departments pointed out the implementation path for the structural adjustment and high-quality development of the industry, the immediate boost effect of the press conference of the Big Three, which was concerned by the market in the afternoon, was not significant. Before the holiday, there was a certain demand for replenishment in the market, and the spot price rose steadily, but the overall market sentiment was still cautious and there was resistance above the price.

Zhejiang Benji Stainless Steel Co., Ltd.,