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Stainless steel on the Chinese market, a decrease in the prices of export consignment

20 March 2013
Stainless steel on the Chinese market, a decrease in the prices of export consignment

For stainless steel China market decrease in prices.

In particular, specialized media of the Republic reported the reduction of corrosion-resistant

metal for foreign customers. New price lists

manufacturers of stainless steel will cost the equivalent of 50−100 USD less

than at present. «This adjustment is not associated with a decrease in the demand for

alloy metals — consumer interest remains fairly

a high level," write the Chinese media, citing

statements by industry experts. «The decline of stainless steel prices is a logical reaction

steel producers on the behavior of Nickel prices, which have shown

market the next stage of the low positions," — commented on the situation in the sector of local

traders.

Operators of trading platforms in the PRC to clarify: cold rolled

stainless steel 304 from Chinese producers, according to the updated price,

shipped to foreign buyers (Free on Board) price 2550−2650

USD per tonne («old» prices — 2650−2750 USD for 1,000 kg). Well, new cost per ton

G/K-304 grade products (also in terms of free loading on the transport

customer) will now be 2400−2550 American dollars, whereas the price

equal 2450−2600 USD

per ton of steel.

As mentioned above, the decline in prices for stainless

Chinese steel players of the world market of metallurgical products tied to Nickel

trends. Meanwhile, at the global level was observed, rather, not lower prices

for Nickel, only the return of his quotes on their old positions. So after «peak»

20-Feb (height 18.4 thousand USD) cost

the metal headed for a steady sideways trend (with minor fluctuations in

around 200 $) at the level of 16.5 thousand dollars per ton. Then 10 days of March

graphics «jumped» to the bar at 17.2 thousand and USD 17

Mar again planned to your «usual» level to an indicator of 16.5 thousand dollars

per ton.

19 March 2013
21 March 2013