Shenyang, August 29 304 Stainless Steel Prices Stabilise The Market Watch

  Market news: August 29, 2013 (Thursday) Shengyang stainless steel 304 stainless steel prices overall stabilisation of the market, sold under pressure. According to China Steel spot market monitoring data show that Shenyang stainless steel market: 17200 TISCO stainless steel 1.0*1219*C 304/2B volume/t,1.5-2.5*1219*C volume 16800/t,1.0*1219*2438 304/2B stainless steel 304/2B stainless steel plate price 16000/t,1.5/2.0/2.5*1219*2438/304 2 b stainless steel plates at 15300/t,4.0-10.0*1500*C 15700/t 304/NO.1 stainless steel market, 6.0-10.0*1500*6000 304/No.1 stainless steel plate price 14400 Yuan/ton, 304 stainless steel prices remain unchanged compared with the previous trading day, stocks are low in the market.

  According to the market, nickel fell $ 201 per cent yesterday, to close at 14224 USD/ton, inventories rising by 426 to 212328; outer copper fell US $ 47, a 7262 dollars per tonne. Electrolytic nickel prices declined wide, stainless steel index is expanded. Shenyang stainless steel 304 stainless steel to the spot market underperformance, poor demand and raw materials had not changed deal under pressure businesses to resist pressure, wait-and-see caution. Stainless steel 304 stainless steel market prices stable in Shenyang, is expected tomorrow to consolidate.