Stainless steel futures fall, spot prices rise, and pipe prices will definitely rise!(about 304 & 201)
The overall situation of stainless steel
The overall performance of stainless steel spot quotation is stable. The shortage of stainless steel narrow-band continues. The market is rushing to buy 201 and 304 stainless steel narrow-band spot, and the price is stable and rising.
Price stabilization and profit concession of stainless steel wide plate coexist.
The situation of stainless steel in details
Stainless steel futures fell slightly. Recently, the stainless steel narrow strip, especially the cheap stainless steel narrow strip, is seriously out of stock, and even some are directly out of stock. The goods are scarce and expensive, so the price rises obviously.
Recently, the price of 201 stainless steel pipe has increased relatively, and the price of 304 stainless steel pipe has also increased slightly. In the early stage, stainless steel pipe manufacturers generally received orders at low prices in advance. At present, they are facing a very embarrassing market situation. Of course, it is not excluded that there are still some orders received at low prices, and perhaps the delivery will be slow.
In contrast, stainless steel 304 does not have the strong backing of stainless steel 201. Although the cheap stainless steel narrow strip is also out of stock, the market still has a small profit today due to the consistent weakness in the transaction of stainless steel wide plate, except for the cheap 304 stainless steel narrow strip. Its stock is still in short supply.
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