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Stainless Steel Prices Follow Nickel Prices Higher-The 21st China(Guangzhou)Int'l Stainless Steel Industry Exhibition 9/10/2019 不锈钢展-不锈钢展会-效果最好的不锈钢展会- Stainless Steel Exhibition |
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SMM reported that spot prices of #300 and #400 stainless steel extended their increases on Tuesday September 3 as prices of nickel, raw material to produce stainless steel, surged this week after advanced Indonesia export ban sparked fears of ore supply disruption. As of September 3, quotes of #300 series in Wuxi of Jiangsu province climbed 100-300 yuan per tonne on the day, extending a rally of 400-550 yuan per tonne on Monday. Relatively tight supply also helped fuel the rebound in prices of #400 series, which grew an average 100 yuan/mt from last Friday to stand at 8,000-8,100 yuan per tonne in Wuxi as of Monday September 2
Prices of stainless steel scrap also moved higher on stable purchases, with strong performance expected in the near term.
不锈钢展-2020第二十一届广州国际不锈钢工业展-效果最好的不锈钢展会-The 21st China(Guangzhou)Int''l Stainless Steel Industry Exhibition
- Stainless Steel exhibition,2020
Stainless Steel exhibition, China
Stainless Steel exhibition, Guangzhou
Stainless Steel expo,Guangzhou Stainless Steel exhibition, 2020
Stainless Steel expo, China Stainless Steel expo
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