Price fluctuations in the stainless steel market are still expected to pick up

Despite the past “Golden September”, the domestic stainless steel market did not show much improvement and the price is still consolidating. However, traders still expect some of the stainless steel market in October and the year. It is expected that the market will pick up and prices will fluctuate upward.

In September, although it was the traditional steel market peak season, the stainless steel market did not have a strong season and was still in a weak, sluggish Lieutenant. Demand does not increase, transactions do not live, sales are sluggish, prices fluctuate, market prices of 400-series stainless steel have fallen slightly, and prices of 200-series and 300-series stainless steel have weakened and have not rebounded. In the past week, the price of 304 series cold-rolled stainless steel in the Wuxi market fell by RMB 100/t again, while the prices of other stainless steel markets were in consolidation. Wuxi market 430/2B stainless steel coil price 8800-9800 yuan / ton; 304 series stainless steel cold rolled coil price 19000-19200 yuan / ton, stainless steel hot rolled plate offer 17500-17900 yuan / ton; 201 series stainless steel price 11900-12100 yuan /Ton.

Trading in the stainless steel market was generally unsatisfactory, but the attitude of traders was mostly stable. The “very high price” awareness was strong and they were reluctant to cut prices. Some operators were cautiously optimistic about the stainless steel market in the later period and had expectations.