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SteelHome Express: Wuxi 304/2B Stainless Steel Price saw Considerable Incline on July 18, 2019

https://en.steelhome.com [SteelHome] 2019-07-18 18:17:27

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SteelHome Express: Wuxi 304/2B Stainless Steel Price saw Considerable Incline on July 18, 2019

On July 18, 304/2B stainless steel price in Wuxi market was generally increased by 200 yuan/t with increasing transaction. Recently, nickel price continually ran strongly, boosting traders’ confidence. From July 2, LME three-month nickel futures price was accumulatively increased by 2000 dollars and 304 cold rolled stainless steel price inclined by 550 yuan/t. Most traders hold that there is still room for 304 stainless steel price to rise

Then TISCO 2.0*1219mm 304/2B stainless steel coil is priced at 15,150 yuan per ton, up 200 yuan/t. Jiuquan Steel 2.0*1219mm 304/2B cold rolled stainless steel coil is up 200 yuan/t to 15,050 yuan per ton. Hongwang Group and Zhejiang Yongjin cold rolled stainless 304/2B steel coil are priced at 14,800 yuan per ton, up 200 yuan/t.

Link: Market price of Wuxi 304/2B Stainless Steel on Jul 18,19


(To contact the reporter on this story: molly.shi@steelhome.cn or 86-21-50585358)
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