Home> Industry News> Stainless steel mills intend to control the division of goods to reduce market circulation level

Stainless steel mills intend to control the division of goods to reduce market circulation level

May 06, 2024
Niche nickel and stainless steel running are weak, and the market has strong mood. In terms of pure nickel, due to the violent fluctuations of nickel prices and the full influence of the preliminary storage, the spot transaction is weak; Nobo Nickel Q1 nickel production decreases by 10%year -on -year. In terms of nickel sulfate, the market demand is still there, but the growth rate has slowed. Some downstream have begun to prepare the raw materials in May. MHP has a short -term delivery efficiency and cost or impact due to the impact of customs inspection and requiring the transportation of dangerous chemical vehicles; The price increase drives the middle product and the price is strong, but the willingness to accept downstream is not high. In terms of nickel iron, the market price continues to operate strongly. Domestic iron factories have maintained production reduction. At the same time, the collection and storage news boosted the price of iron. Recently, the price of nickel iron iron has been strong. In terms of stainless steel, the steel mill intentionally controlled the division to reduce the market circulation level, and the cost ending nickel iron still operated strongly, but as the profit of the steel mills was repaired, the upstream price was weakened. The situation has improved, but the actual transaction is still weak. In operation, nickel stainless steel temporarily wait and see.

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