Indonesia postponed the plan to levy windfall tax on nickel exports on April 1, and the quality of stainless steel and gold was insufficient in the third peak season.
Posttime：2026-04-03 Views：34
First, the raw material report:
1. Nickel: On April 2, London nickel closed at $17,086, down $123, or 0.71%; The latest price of Shanghai Nickel 2605 is 134,530 yuan, up by 360 yuan, or 0.27%; Shanghai high carbon ferrochromium FeCr55C1000(50 basis) 8950 yuan /50 basis tons. The reference price of domestic ferromolybdenum FeMo60 is 281,000 yuan/ton.
2. The latest price of stainless steel 2605 is 14,185 yuan, up by 70 yuan, or 0.50%; The position was 92,533 lots and the turnover was 59,954 lots.
3. Price quotation of waste stainless steel in Dai Nan (RMB/ton):
1. 201 new materials 5050-5450, 304 new materials 9550-9750, 304 industry 9500-9800, 304 shavings 8650-8950.
2, 316 furnace 17800-18400, 316 shavings 16200-16500
3, 201 scrap 5400-5600, 201 old tube 4700-4900, 202 big furnace 5600-5850.
4, 430 No film 4400-4600, 431 Return charge 3400-3600
Second, stainless steel hot rolled coil
1. Castle Peak: 13,900 yuan/ton for five-foot burr of 304 material and 26,800 yuan/ton for five-foot burr of 316L material.
2. TISCO: 14,700 yuan/ton for 1800 burrs of 304 material and 14,600 yuan/ton for 1800 burrs.
III. Reference price of stainless steel tubes and rods
1. 【 Castle Peak Round Steel 65-130 】
S30400 is 13,700 yuan/ton, 316L is 26,100 yuan, 2205 is 27,800 yuan/ton, 310S is 32,700 yuan/ton, TP321 is 16,500 yuan/ton, and 321 is 15,300 yuan/ton.
3. 【 Yongxing Special Steel Bar 65-130 】
4, 304 material 16800 yuan/ton, 316L material Ni10 30300 yuan/ton, Ni12 3300 yuan/ton, TP321 material 19300 yuan/ton, 2205 material 32300 yuan/ton.
3. 【 Zhejiang Friendship Bar 65-130 】
347H material is 19,000 yuan/ton, 316 material is 26,000 yuan/ton, 316L nickel material is 29,100 yuan/ton, 2205 material is 27,600 yuan/ton, 310S material is 32,900 yuan/ton, 2507 material is 33,700 yuan/ton, and 317L material is 34,200 yuan/ton.
4. 【 Anhui Fukai Bar 】
1) Round steel of 65-130: 30,400 yuan/ton for German standard 316, 36,900 yuan/ton for 904L, 34,000 yuan/ton for 310S, 28,000 yuan/ton for 2205(F60) and S32750(F53).
2) Round steel of 65-130: 168,000 yuan/ton for N07718, 95,500 yuan/ton for N06625, 66,500 yuan/ton for N08810, 84,700 yuan/ton for N08828 and 87,000 yuan/ton for N08020.
4. 【 Zhejiang Benji Pipe Reference Price 】
Stainless steel seamless pipe 30408 material, specification 25*2*6000 cold-drawn pipe pickling weighing delivery-26.4 yuan/kg;
Stainless steel seamless pipe S31603 material, specification 25*2*6000 cold-drawn pipe pickling weighing delivery-41.8 yuan/kg;
Stainless steel seamless pipe S32168 material, specification 25*2*6000 cold-drawn pipe pickling weighing delivery-30.2 yuan/kg;
Stainless steel welded pipe 30408 material, specification 219-813*4-6 pickling and weighing delivery-20.3 yuan/kg;
Stainless steel welded pipe S31603 material, specification 219-813*4-6 pickling and weighing delivery-35.2 yuan/kg;
Stainless steel welded pipe 32168 material, specification 219-813*4-6 pickling and weighing delivery-24.5 yuan /kg.
V. Market analysis
In terms of nickel ore: the cost of nickel ore in the Philippines has moved up due to the increase in shipping prices; As of mid-March, the Indonesian Ministry of Energy and Mines has approved that the output of nickel mine RKAB is expected to reach about 100 million tons, and the overall approval progress is slow; However, Indonesia will postpone the plan to levy windfall tax on coal and nickel exports originally scheduled for April 1. At the smelting end, the production of ferronickel plant has been reduced due to the shortage of ore, and the cost support will continue to be transmitted; Electrolytic nickels production profits continue to shrink, and China and Indias production are also limited.
The downstream demand of stainless steel is gradually turning to the peak season, and the market has entered the traditional destocking cycle. However, after a period of destocking, the total amount is still at a relatively high level, and there are signs of a small amount of inventory accumulation in the near future. The recovery of the demand side is still relatively slow, and the demand quality in the traditional peak season of "Jinsan" is slightly insufficient.
