subject: Market Analysis of 10-29 stainless steel - stainless steel market, market analysis - steel industry [print this page] Market Analysis of 10-29 stainless steel - stainless steel market, market analysis - steel industry
In Shanghai 10 27, Oct. 1500 received 11,400 U.S. dollars of nickel rose to settle at 9800, volume 22824, position 84 317, inventory 56 856 by 270. 11110 1810 revenue rose inside. Asia-Pacific stock market yesterday suffered Black Monday, the Hang Seng Index record the largest decline in 11 years, Japanese stocks tumbled 6.4%, to 7162.90 points, the highest position for 26 years, hitting stocks fell to five and a half low. London Metal Exchange base metals are higher, Lundun Tong 3775 income up 245, London, 1975 aluminum income rose 40, 1160 the London closing up 135 of lead, zinc London 1165 revenue rose 20, London received 11,750 up tin 1850, London received 10,000 up 1100 Nickel .
Rare nickel appeared in March this year, the biggest daily gain since early, but the market is not satisfactory. This time, the rise did not Stainless steel Brings warmth to the market. Offensive in the global economic crisis, the market is still bearish on the main market, all investors should be cautious, said the rise. Weak market, prices have become a major trend. Stainless steel Industry will come this winter, Yuan Tang concerns with you.
Today's Shanghai market, nickel up on this poor response, the mainstream offer basic and steel flat yesterday. Specific offer as follows:
Cold areas: 304: TISCO coil 2.0mm quoted at 17,000 yuan / ton, Po offer new 2.0mm coil in the 17,500 yuan / ton; Zhang Pu coil 2.0mm Price in 17500 yuan / ton;
316L: TISCO coil 2.0mm quoted at 41,000 yuan / ton, with the specifications of the new offer was 44,000 yuan bao / ton, Zhang Pu is 43,000 yuan / ton;
Wuxi 10 27, Oct. 1500 received 11,400 U.S. dollars of nickel rose to settle at 9800, volume 22824, position 84 317, inventory 56 856 by 270. 11110 1810 revenue up inside. Asia-Pacific stock market yesterday suffered Black Monday, the Hang Seng Index record the largest decline for 11 years, Japanese stocks tumbled 6.4%, to 7162.90 points, the highest position for 26 years, hitting stocks fell to five and a half low. London Metal Exchange base metals are higher, Lundun Tong 3775 income up 245, London, 1975 aluminum income rose 40, 1160 the London closing up 135 of lead, zinc London 1165 revenue rose 20, London received 11,750 up tin 1850, London 1100 Nickel income rose 10000 . (See details on the Nickel "10 28 yen Tang stainless steel mesh LME Nickel assessment")
Nickel prices rose 1,500 dollars, the mainstream steel prices stabilize. 304 steel prices remained yesterday's prices, transaction prices remained at 17,000 yuan / ton. Current mainstream Zhang Bao Pu new mainstream transaction price has 17,500 yuan / ton, the specific transaction price is still confusion. L1 price Lianzhong 12000 yuan / ton, LH 201 steel products such as low nickel prices hovered at 11,500 yuan / ton price around.
