The social library digested slowly, and the steel mill reduced production again, and the stainless steel bar was lowered in Qingshan.-Zhejiang Benji Stainless Steel Co., Ltd

First, the raw material report:
1. Nickel: On April 24th, the latest price of nickel in London was $15,821, up by $159 or 1.02%; The latest price of Shanghai Nickel 2506 is 125,720 yuan, down by 0.56% in 70 yuan. Shanghai high carbon ferrochromium FeCr55C1000(50 basis) 7900 yuan /50 basis tons. Luoyang ferromolybdenum is 214600 yuan/ton.
2. The latest price of stainless steel 2506 is 12,670 yuan, down by 0.67% in 85 yuan; The position was 129,273 lots and the turnover was 101,651 lots.
3, Fujian Qingtuo renewable resources Yongchang freight yard waste stainless steel purchase price (yuan/ton):
1) 304 new material and laser plate: 9600 yuan/ton, 304 new punching plate and thick plate tube: 9500 yuan/ton, 304 industrial material and plate tube: 9200 yuan/ton, and 304 oil punch with large nut core: 9200 yuan/ton;
2), 316 new material, laser plate, edge wire 17400, 316 industrial material, plate tube 17200;
3), 2205 black material 16700, white material 17400; 2507 black material 18500, white material 20000; 2520 black material 21200, white material 22700.
Delivery place: A113, No.15 Road, Binhai No.1 Road, Longwan District, Wenzhou City (including tax invoicing and additional tax points)
Second, Wuxi stainless steel coil reference price
1, TISCO hot rolling guide price:
300 hot rolling series: 15,150 yuan/ton for 304/NO.1; 15,800 yuan/ton of 321/ NO.1; 24,700 yuan/ton for 316L/NO.1
Medium plate (trimmed, thickness: 14-20mm, width: 1500mm)304 material-16,700 yuan/ton, 321 material 18,800 yuan/ton, 316L material 28,000 yuan/ton.
2. Guide price of Dongte hot rolling:
S30408 12,900 yuan/ton made of 4-12mm and 12,900 yuan/ton made of 14mm; 12,900 yuan/ton for 16mm;
S31603 22,900 yuan/ton made of 4-12mm and 22,900 yuan/ton made of 14mm; 16mm 22900 yuan/ton;
32500 yuan/ton for 3mm, 32200 yuan/ton for 4-12mm and 32900 yuan/ton for 14mm hot rolled flat plate.
2205 hot rolling 24000 yuan/ton
3. Qingshan hot rolling: 304 material is 12,700 yuan/ton; Dingxin 310S is made of 32,300 yuan/ton of 3mm and 32,000 yuan/ton of 4-10mm.
4. Zhang Pu guide price: 13,100 yuan/ton for 304 material and 15,600 yuan/ton for 321 hot rolling; 316L hot rolling 23400 yuan/ton.
III. Reference price of stainless steel tubes and rods
1. [The price of Qingshan round steel is 65-130 in April] S30400 material is 12,500 yuan/ton, 316L material is 22,200 yuan/ton, TP321 material is 15,300 yuan/ton, 321 material is 14,100 yuan/ton, and S22053 material is 22,700 yuan/ton, 310S s.
2. 【 Zhejiang Friendship New Material Continuous Casting Slab 】
1) 16,800 yuan/ton of 347H material (160-360);
2) 22780 yuan/ton of 2205 material (160-360) and 22900 yuan/ton of 65-105;
3) 28180 yuan/ton for 2507 material ￠160-360 and 29500 yuan/ton for 65-105;
4) 31,180 yuan/ton of 32,760 material (160-360)
5) 31,300 yuan/ton for 310S material ￠160-360 and 31,600 yuan/ton for 65-130.
6) 58,000 yuan/ton of 904L material (160-360).
3. 【 Yongxing Bar 65-130 】 The material of 304 is 16,000 yuan/ton, the material of TP321 is 18,400 yuan/ton, the material of 316L is 27,000 yuan/ton, the material of 316LGB is 29,800 yuan/ton, and the material of S22053 is 28,500 yuan/ton.
4. [Fukai Sales Price]:
1), 2205(F60) material ￠150-300 round steel 24600 yuan/ton (discussion); 65-130 round steel 24,800 yuan/ton (by electricity);
2) 32,500 yuan/ton for 310S material (150-300) and 33,500 yuan/ton for 65-130; 26,000 yuan/ton of 309S material ~ 65-130;
3), S32750(F53) material ￠150-300 round steel 30200 yuan/ton; 65-130 round steel 33300 yuan/ton. S32760(F55) material ￠65-130 round steel 37000 yuan/ton.
4), 316l ~ 65-130 round steel 25,200 yuan/ton (by electricity); 316ti ~ 65-130 round steel 28,100 yuan/ton; National standard 316l ~ 65-130 round steel 31500 yuan/ton; German standard 316 material-65-130 round steel 28,700 yuan/ton; 317L ~ 65-130 round steel 34700 yuan/ton;
5) 18,000 yuan/ton of 321H material (65-130); 20200 yuan/ton of 347H material ~ 65-130;
6), No.7718 ~ 200-250 round steel 179000 yuan/ton; 65-130 round steel 180,000 yuan/ton;
7), No.8810 ~ 200-250 round steel 69500 yuan/ton; 65-130 round steel 70500 yuan/ton.
8), NO8926/1.4529 material ￠200-250 round steel 90000 yuan/ton, ￠65-130 round steel 78000 yuan/ton;
9) NO8825 material: 97,000 yuan/ton for 200-250 round steel and 100,000 yuan/ton for 65-130 round steel;
10), No.8028 ~ 200-250 round steel 87000 yuan/ton, ~ 65-130 round steel 88000 yuan/ton;
11), No.8120 ~ 200-250 round steel 86000 yuan/ton, ~ 65-130 round steel 88000 yuan/ton;
12), 630 material (17-4)￠150-300 round steel 15900 yuan/ton, ￠65-130 round steel 15900 yuan/ton; 631 material (17-7)-65-130 round steel 19,000 yuan/ton; 632 material (15-7mo) ~ 65-130 round steel 29,300 yuan/ton;
13) 195,000 yuan/ton of NO6625 material (200-250); 65-130 round steel 190,000 yuan/ton;
14) 119,000 yuan/ton of NO6601 material (200-250); 120,000 yuan/ton for 65-130.
15) 137,000 yuan/ton of NO6600 material (200-250); 139,000 yuan/ton for 65-130.
16) 208,000 yuan/ton for NO10276￠200-250-250; 65-130 round steel 210,000 yuan/ton;
17), XM-19 ~ 65-130 round steel 34300 yuan/ton;
18), S31254 material-65-130 round steel 61000 yuan/ton.
19), 904L material ￠65-130 round steel 62000 yuan/ton.
20), XM-19 material ￠65-130 round steel 34300 yuan/ton, 15-5PH(XM-12) material ￠65-130 round steel 18600 yuan/ton.
21) 159,000 yuan/ton of NO3030 material (200-250); 65-130 round steel 161000 yuan/ton.
155,000 yuan/ton of NO4400 material ~ 200-250;
22) 147,000 yuan/ton of NO4400 material (200-250); 65-130 round steel 149,000 yuan/ton.
23), 1.4460 material ￠65-130 round steel 23800 yuan/ton.
24) The material of Wuxi Puheng forging round 304L is 15,100 yuan/ton for 140-250 and 16,400 yuan/ton for 260-400; 25,200 yuan/ton for 316L material (140-250) and 25,400 yuan/ton for 260-400.
5. 【 Zhejiang Benji Pipe Reference Price 】
Stainless steel seamless pipe 30408 material, specification 25*2*6000 cold-drawn pipe pickling weighing delivery-24.6 yuan/kg;
Stainless steel seamless pipe S31603 material, specification 25*2*6000 cold-drawn pipe pickling weighing delivery-36.8 yuan/kg;
Stainless steel seamless pipe S32168 material, specification 25*2*6000 cold-drawn pipe pickling weighing delivery-28.9 yuan/kg;
Stainless steel welded pipe 30408 material, specification 219-813*4-6 pickling and weighing delivery-19.4 yuan/kg;
Stainless steel welded pipe S31603 material, specification 219-813*4-6 pickling and weighing delivery-31.5 yuan/kg;
Stainless steel welded pipe 32168 material, specification 219-813*4-6 pickling and weighing delivery-25 yuan /kg.
Fourth, statistical data:
According to Mysteel research:
On April 24th, 2025, the social stock of stainless steel 89 warehouse in the national mainstream market was 1,056,984 tons, which was 13,542 tons less than last week, with a decrease of 1.25%, including:
The caliber inventory of Wuxi 50 warehouse is 631,807 tons, which is 15,396 tons less than last week, a decrease of 2.38%;
The caliber inventory of Foshan 28 warehouse is 321,392 tons, which is 1,289 tons less than last week, with a decrease of 0.40%;
11 warehouses in Zibo, Jieyang, Shenyang and Xi an have a caliber inventory of 103,785 tons, an increase of 3,143 tons or 3.12% over last week.

V. Market analysis
The Indonesian government said that the policy of nickel royalty PNBP will be formally implemented on April 26th, and the royalty will be collected only once in the industrial chain. The market has fully anticipated the transaction of this policy, and the impact on nickel price mainly lies in the marginal increase of cost. In terms of raw materials, the price of nickel ore in Indonesia is still firm. Due to the high bargaining power of nickel ore, with the implementation of PNBP policy, the price of nickel ore may increase by 1-2 USD/wet ton.
The margin of stainless steel cost support has improved. For ferrochrome, the supply and demand of ferrochrome are still relatively healthy, and the cost support of ferrochrome is firm. The tender price of Qingshan ferrochrome in May is in line with market expectations. In addition, the breakdown of negotiations in South Africa may trigger a strike, which may affect the supply of ferrochrome. It is expected that the price of ferrochrome will remain stable. In terms of supply and demand, the downstream is cautious and wait-and-see, the market transaction atmosphere is general, the social inventory is slowly digested, and the demand performance is weak. The market rumors that steel mills cut production. First, Jiangsu D Steel Plant cut production, and the 300 series is expected to affect the output of 30,000 tons in April; On the other hand, East China X Steel Plant continued to reduce production, which affected the monthly output of 300 series hot rolling by 60,000-70,000 tons. Generally speaking, on the one hand, weak demand and slow digestion of social stocks put pressure on futures prices; On the other hand, some steel mills plan to cut production, the price of ferronickel has rebounded, and the short-term price may fluctuate within a narrow range. Pay attention to the actual production reduction of steel mills, the price change of ferronickel and the tariff risk.
According to the latest news, Qingshan adjusted the price of stainless steel bars back to the normal market level. It is expected that stainless steel seamless pipes will not keep pace with the adjustment, but will respond slightly.

Zhejiang Benji Stainless Steel Co., Ltd.,