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Popular information

increasing stainless steel price
  • 2016-12-19



Stainless steel price summarization of  in China on Dec 15,16

This is Cong Shine (shanghai) metal material co., ltd. At the end of 2016, the  pendulum has been swinging in the direction of the suppliers of flat-rolled stainless steel suppliers for all of this year. Base prices have increased three times since the beginning of 2016. Stainless buyers have already been paying a steady increase in base prices in the transactional market. By now, most contract stainless buyers are at base prices higher than their prior contract period. Master distributors are extracting premiums as metal buyers scramble to fill in any gaps in their supply chains. Another base price increase is expected to be announced after the September anti-dumping duty determination on Chinese cold-rolled, flat stainless steel.

The U.S. mills have the momentum to capture another base price increase. Domestic mills have strong order backlogs. Domestic lead times continue to be longer than the normal six to eight weeks. The impact of the anti-dumping and countervailing duty lawsuits against Chinese cold-rolled stainless has finally occurred.

What is the next in  2017?  We think the stainless steel material demand and price is still increasing and then maintain  reasonable range.   We  also belive the premier supplier will provide more service and reason price like cong shine (shanghai) metal material co.,ltd . Custmers will choose steady supplier rather than than one-off purchase .

We are confident on it . More and more customers will choose us due to our reputation.

Price in RMB/t, with 17% VAT,  1 USD=6.9086 RMB (Yuan) on Dec.12

stainless steel

Shanghai

Wuxi

Foshan

Hangzhou

Zibo

Tianjin

Taiyuan

Shenyang

3042B 2.0mm coil

18000

18000

18100

17950

18000

18100

18250

18100

Up/down

↑100

manufacturer

Ningbo Baoxin

Taiyuan Steel

Taiyuan Steel

Taiyuan Steel

Taiyuan Steel

Taiyuan Steel

Taiyuan Steel

Taiyuan Steel

430/2B 2.0mm coil

10350

10350

10150

10350

10450

10450

10250

10400

Up/down

↑50

manufacturer

Taiyuan Steel

Taiyuan Steel

Taiyuan Steel

Taiyuan Steel

Taiyuan Steel

Taiyuan Steel

Taiyuan Steel

Taiyuan Steel

201/2B 2.0mm sheet

9800

9550

9550

9500

9750

9700

9850

9550

Up/down

↑100

↑50

↑100

↑100

↑50

↑50

↑50

↑50

manufacturer

Angang LISCO

Angang LISCO

Angang LISCO

Angang LISCO

Angang LISCO

Angang LISCO

Angang LISCO

Angang LISCO

304 NO.1 6.0mm sheet

16100

16100

16350

15600

15950

15900

15950

15650

Up/down

↓100

↓50

↓100

↓100

↓100

↓100

manufacturer

Baosteel Stainless Branch

Baosteel Stainless Branch

Taiyuan Steel

Baosteel Stainless Branch

Taiyuan Steel

Taiyuan Steel

Taiyuan Steel

Taiyuan Steel

304 NO.1 10.0mm sheet

16800

17000

16650

15950

15950

16300

16250

15950

Up/down

↓100

↓50

↓100

↓100

↓100

↓100

manufacturer

Taiyuan Steel

Taiyuan Steel

Taiyuan Steel

Taiyuan Steel

Taiyuan Steel

Taiyuan Steel

Taiyuan Steel

Taiyuan Steel


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