SunSirs: Stainless Steel Prices Rose Slightly on the 6th – Amine Catalysts https://www.newtopchem.com The Leading Supplier of China Amine Catalysts Mon, 10 Jan 2022 07:01:00 +0000 zh-CN hourly 1 https://wordpress.org/?v=6.1.7 https://www.newtopchem.com/wp-content/uploads/2023/12/1.jpg SunSirs: Stainless Steel Prices Rose Slightly on the 6th – Amine Catalysts https://www.newtopchem.com 32 32 SunSirs: Stainless Steel Prices Rose Slightly on the 6th https://www.newtopchem.com/archives/34124 Mon, 10 Jan 2022 07:01:00 +0000 http://www.newtopchem.com/archives/34124 According to the price monitoring of SunSirs, the price of stainless steel rose slightly, and the spot price was reported at 17,666.67 RMB/ton, an increase of 0.95% from the previous trading day.

Analysis review

Recently, the stainless steel spot rebounded slightly. The prices of high-grade ferro-nickel and scrap steel at the raw material end were raised, nickel prices fluctuated at a high level, and prices of high-carbon ferrochromium remained weak. The crude steel production schedule in January is expected to drop by 13.26%.

The marginal improvement of real estate completion, the seasonal demand is off-season, and centralized procurement has basically ended. Social inventories have fallen for 5 consecutive weeks, supporting stainless steel prices.

Market outlook

Stainless steel is expected to fluctuate mainly within a narrow range.

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