Home> News> Nickel futures rallied, 201J1 hot rolled stainless steel futures are also rising
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 bring about a better direction, Market prices are still in a downward state, merchants continue to ship mainly.

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