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June 13, 2023

316l stainless steel coil continues to rise

Lun nickel rose, of which Lun nickel opened at $21,120 / ton, the highest price to $21,350 / ton before the deadline, 304 stainless steel futures 2307 main rose 150 yuan/ton, the highest price to near 15385. 201 cold rolled stainless steel roll fell, the mainstream base price Xinsuju reported 9,100 yuan/ton, the market reported 9,350 yuan/ton, 201 hot rolled stainless steel plate mainstream base price reported 9,100 yuan/ton. 304 cold rolled stainless steel coil small rise, of which the main price of the Jiujiang steel market is 16,000 yuan/ton, the price o

June 09, 2023

Hot rolled stainless steel plate spot price again up 15000 RMB

1. Oecd: High inflation will increase global GDP by only 2.7% this year The global economy will recover slowly from the shock of the pandemic and the Russia-Ukraine conflict, the OECD said, while remaining plagued by persistent inflation and restrictive policies by major central banks seeking to contain inflationary pressures. According to the organization's latest Economic Outlook, global output will grow by 2.7% this year and only marginally by 2.9% in 2024, both below the 3.4% average of the seven years before the

June 07, 2023

Hot-dip galvanized square tube price, steel price to catch up to be cautious

Construction steel: On June 5, the average price of 20mm three-level seismic rebar in 31 major cities in the country was 3808 yuan/ton, up 76 yuan/ton from the previous trading day. In the early trading period, the spiral high operation, the price of domestic construction steel followed the positive rise. From the transaction point of view, because the price rose too fast, downstream users wait-and-see sentiment is strong, the overall trading performance is lukewarm, some businesses dark afternoon shipments. Hot rolled coil: On June 5, the average price of 4.75mm hot roll

May 19, 2023

Rise, galvanized steel pipe still have room to adjust the price

Today's steel market overall small rise mainly, rising market more than a day. From the variety, it is still galvanized steel pipe slightly stronger than hot coil, hot galvanized steel pipe more than 10-20 yuan, a few markets up to 30 yuan. Although the range is not large, but the market atmosphere is better, the price increase is universal, although the welded steel pipe market increased less, but some markets also have 10-20 yuan. Stainless steel tube, cold rolled plate, galvanized coil is relatively lagging, mainly stable, is expected to have a small increase tomorrow and the day aft

May 11, 2023

316 stainless steel futures up 50, spot market prices firm!

[ Macro News ] 1. Fed: Business demand for credit weakens Banks reported tighter credit standards and weaker demand for commercial and industrial loans in the first quarter, the Fed said, continuing a trend that began before recent stress in the banking sector. Data from a Fed survey of credit officers released Monday showed that the percentage of banks tightening lending conditions for large and medium-sized companies rose to 46% from 44.8% in the fourth quarter of 2022. The failure of four regional U.S. banks since March has sparked turmoil in the financi

May 05, 2023

Shandong stainless steel area market: After the festival small rise to welcome a good start.

Lun nickel rose, including Lun nickel opened at $24,685 / ton, the highest price to $24,975 / ton before the deadline, stainless steel tube futures 2305 main rose 190 yuan/ton, the highest price to near 15605. 201 cold rolled stainless steel rose, the mainstream base price resource reported 9400 yuan/ton, Xinsuju steel reported 9500 yuan/ton, hot rolled stainless steel plate mainstream base price reported 9300 yuan/ton. 304 cold rolled stainless steel roll small rise, which Shandong market mainstream price at 16300 yuan/ton, Liaocheng price at 16350 yuan/to

April 21, 2023

Dream new Xiongan, invited to attend Xiongan Green Stainless Steel Pipe Construction Expo

From April 18 to 20, the sixth Xiongan Pipe Fittings and Pump Valve Exhibition and Xiongan Urban Construction and Green Building Expo was held in Xiongan. More than 300 benchmarking enterprises participated in the expo. After years of construction, the Xiongan New Area has entered a new stage of development. As a leading enterprise in the steel pipe industry, at the beginning of the construction of Xiongan New Area, Xinsuju Steel Group has been actively involved in the construction of the new area, providing strong support for the "quality of Xiongan" with green and high-

April 11, 2023

The copper wire energy transition will drive Latin American copper demand

Given the key role of copper wire in the development of clean energy technology, demand for copper is expected to grow significantly. Economic and environmental professionals from the International Copper Wire Research Organization spoke about copper's prospects in the energy transition and opportunities in Latin America. Copper is crucial in the production of wind turbines. A megawatt of electricity produced by a wind turbine requires at least five tonnes of copper wire to produce the turbine and connect it to the grid.

April 06, 2023

304 Stainless steel coil downturn, spot market price is good

Lun nickel fell, including Lun nickel opened at $23755 / ton, the deadline of the highest to $24000 / ton, stainless steel coil futures 2305 main up 125 yuan/ton, the highest to near 14860. 201 cold rolled stainless steel coil profit, the mainstream base price of United Resources reported near 9300 yuan/ton, Shandong zinc plastic moment reported 9350 yuan/ton, hot rolled 201 stainless steel pipe mainstream base price Baosteel reported 9300 yuan/ton. 304 stainless steel coil is weak and stable, including the mainstream price of Jinguang market at 15600 yuan/

March 28, 2023

Galvanized coil price quotation

The latest price in Shandong market on March 27, the mainstream trend of smooth operation, including zinc plastic moment steel galvanized sheet volume 1.0*1250*C DX51D+Z price: 5060 yuan/ton, the price is stable; The price of galvanized sheet coil 1.0*1250*C DX51D+Z: 5040 yuan/ton, maintain yesterday's price; The price of zinc plastic moment steel galvanized sheet coil 2.5*1250*C SGH340:4990 yuan/ton, the price is stable; Shandong galvanized sheet coil 3.0*1250*C SGH340 price: 4990 yuan/ton, the price is stable.

March 27, 2023

300 series of stainless steel tube low price constantly, 200 series of stainless steel tube price stabilization?

Lun nickel fell, including Lun nickel opened at $22,455 / ton, the highest price to $22,455 / ton before the deadline, stainless steel coil futures 2304 main fell 330 yuan/ton, the highest price to near 15370. 201 cold rolled stainless steel pipe yield, the mainstream base price United Resources reported 9300 yuan/ton near, Shandong zinc plastic moment reported 9350 yuan/ton, hot rolled stainless steel pipe mainstream base price Baosteel reported 9300 yuan/ton. 304 stainless steel plate weak stability, including the main market price at 16400

March 16, 2023

304/316L Stainless steel down, spot market to go forward the pace of more "heavy".

Lun nickel rose, including Lun nickel opened at $23000 / ton, the deadline of the highest to $23000 / ton, stainless steel futures 2304 main fell 100 yuan/ton, the highest to near 15945. 201 cold rolling weak and stable, the mainstream base price of United Resources reported near 9300 yuan/ton, Shandong zinc plastic Moment Steel reported 93

February 20, 2023

Nickel futures rallied, 201J1 hot rolled stainless steel futures are also rising

Nickel futures rallied, stainless steel futures are also rising [ Futures Express ] London Nickel rose $635 to close at $26,625 a tonne; Stainless steel rose 190 to 16,670 yuan/ton. [Shandong market] 201J1 mainstream report 9600-9700, J2J5 report 9100-9200; 304 cold rolled 16500-16650, hot rolled 16650-16750 or so, phase nickel rebounded up a small margin, stainless steel also rose at the same time, although the recent market transaction is not ideal, but because DL due to various factors may reduce production, for the market follow-up supply and demand may b

February 17, 2023

304 Stainless steel plate market: futures float red, boosted the depressed trading atmosphere.

Stainless steel market: futures float red, boosted the depressed trading atmosphere. Lun nickel rose, including Lun nickel opened at $26000 / ton, the deadline of the highest to $26700 / ton, stainless steel futures 2303 main rose 160 yuan/ton, the highest to near 16720. 201 cold rolled small drop, the mainstream base price of United Resources reported near 9550 yuan/to

February 14, 2023

Futures end has fallen, 201 304 stainless steel market price Ming solid fall?

Futures end has fallen, stainless steel market price Ming solid fall? [ Futures Express ] London Nickel fell, down $980 at $26,470 a tonne; Stainless steel fell 65 to 16,480 yuan/ton. [Shandong market] 201J1 mainstream report around 9700, J2J5 report around 9200; 304 cold rolling 16800, hot rolling 16800-16900, the period continues to general green situation, although the spot market demand to a certain extent, but the price is weak on the whole, part of the merchant transaction price is lower than the price, there is room for negotiation, the market risk ave

February 13, 2023

What's the difference between 304, 304H and 304L stainless steel?

In fact, according to the content of chromium nickel is 304 stainless steel, the composition is containing 18% chromium (Cr), 8% nickel (Ni), but the main difference is the different carbon content. 304L is an ultra-low carbon stainless steel, carbon content reduced to 0.03% or less, can avoid intergranular corrosion, and in theory, the effect of stress corrosion resistance is stronger than 304, but the effect is not obvious in practical application. The purpose of reducing carbon and adding titanium is the same, but the smelting cost of titanium 321 is higher, th

February 10, 2023

201 304 Stainless steel roll/coil area market: Slow trading

Stainless steel area market: Slow trading Lun nickel fell, including Lun nickel opened at $27795 / ton, the deadline of the highest to $27900 / ton, stainless steel futures 2303 main fell 5 yuan/ton, the highest to near 16860. 201 cold rolling stable, mainstream base price resources at 9650 yuan/ton, zinc plastic moment at 9700 yuan/ton, hot rolling mainstream base price Rongxing Youfa at 9650 yuan/ton. 304 Stainless steel coil stable, including the market mainstream price at 17700 yuan/ton, Zhangpu price at 18100 yuan/ton

February 09, 2023

304 stainless steel will not be magnetic can not judge the merits and demerits of stainless steel

304 stainless steel will not be magnetic can not judge the merits and demerits of stainless steel People often think that the magnet absorbs stainless steel, to verify its merits and falseness, does not absorb no magnetic, that is good, genuine; Suckers have magnetic, is considered to be fake fake. In fact, this is an extremely one-sided, impractical and wrong way of identifying. There are many kinds of stainless steel, which can be divided into several categories according to the organizational structure at room temperature: 1, Austenitic body type: such as 304, 32

February 08, 2023

Stainless steel seamless pipe is expected to rise in price

Stainless steel seamless pipe is expected to rise in price After the Spring Festival, stainless steel seamless tube market ushered in a big reversal, and the run-up before the festival is very different. At the same time, futures board, a number of varieties in the first trading day after the festival (January 30) set a new high, ushered in a wave of falling prices. Industry insiders said that the recent stainless steel seamless tube market on commodity demand less than expected concerns heating up, investment logic by "strong expectations" switch to "weak reality

February 07, 2023

The world stainless steel plate demand pattern changes slightly -- 2023 global stainless steel sheets demand may increase slightly

In 2022, the global economy experienced a sharp slowdown amid repeated outbreaks of COVID-19, the Russia-Ukraine conflict, the energy crisis and inflation. In advanced economies, the global slowdown has increased the risk of a world recession as inflation continues to rise and the Federal Reserve raises interest rates aggressively. Emerging markets and developing economies also face great pressure in the process of global economic recovery. Most countries have relatively weak epidemic prevention capacity and policy support. The problems such as food and energy supply disruption and ene

February 06, 2023

Hot dip galvanized welded steel pipe rework ratio is low, pressed steel price rebound

Welded pipe Price: According to the data: as of February 3rd, the average price of 4 inch *3.75mm welded pipe in 28 major cities is 4593 yuan/ton, 92 yuan/ton higher than last Saturday; The average price of 4 inch *3.75mm galvanized pipe is 5316 yuan/ton, up 76 yuan/ton week on week. This week, the overall market price of welded pipe is stronger, the main cities in the country, galvanized pipe prices have increased in different ranges, most cities increased by more than 100 yuan/ton. In terms of profit: taking Shandong as an example, the profit margin of welded pi

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