Indonesia cooperated with Spains Tubacex Group to build a stainless steel factory, and the inventory with weak consumption continued to rise.-Zhejiang Benji Stainless Steel Co., Ltd

First, the raw material report: 1. Nickel: On June 19th, London nickel closed at USD 15,056, up by USD 3 or 0.02%; The latest price of Shanghai Nickel 2508 is 119,250 yuan, up by 180 yuan, or 0.15%; Shanghai high carbon ferrochromium FeCr55C1000(50 basis) 7700 yuan /50 basis tons. Luoyang ferromolybdenum 244100 yuan/ton. 2. The latest price of stainless steel 2508 is 12,540 yuan, down by 0.16% in 20 yuan; The position was 180,649 lots and the turnover was 83,035 lots. 3, Fujian Qingtuo renewable resources Yongchang freight yard waste stainless steel purchase price (yuan/ton): 1) 304 new material and laser plate: 9400 yuan/ton, 304 new punching plate and thick plate tube: 9300 yuan/ton, 304 industrial material and plate tube: 8900 yuan/ton, and 304 oil punch with large nut core: 9000 yuan/ton; 2), 316 new material, laser plate, edge wire 17800, 316 industrial material, plate tube 17600; 3), 2205 black material 17000, white material 17600; 2507 black material 18800, white material 20200; 2520 black material 21200, white material 22500. 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: 14,700 yuan/ton for 304/NO.1; 15,400 yuan/ton of 321/ NO.1; 25,100 yuan/ton for 316L/NO.1 Medium plate (trimmed, thickness: 14-20mm, width: 1500mm)304 material-16,400 yuan/ton, 321 material 18,600 yuan/ton, 316L material 27,700 yuan/ton. 2. Guide price of Dongte hot rolling: S30408 12,500 yuan/ton made of 4-12mm and 12,500 yuan/ton made of 14mm; 12,500 yuan/ton for 16mm; S31603 23,550 yuan/ton made of 4-12mm and 23,550 yuan/ton made of 14mm; 16mm 23550 yuan/ton; 32550 yuan/ton for 3mm, 32250 yuan/ton for 4-12mm and 32950 yuan/ton for 14mm hot rolled flat plate. 3. Qingshan hot rolling: 304 material is 12,200 yuan/ton; Dingxin 2205 hot rolled 24,600 yuan/ton, Dingxin 310S 32,300 yuan/ton with 3mm material and 32,000 yuan/ton with 4-10mm material. 4. Zhang Pu guide price: 12,550 yuan/ton for 304 material and 15,700 yuan/ton for 321 hot rolling; 316L hot rolling 23700 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 12,200 yuan/ton, 316L material is 22,700 yuan/ton, TP321 material is 14,900 yuan/ton, 321 material is 13,700 yuan/ton, and S22053 material is 23,300 yuan/ton, 310S s. 2. 【 Zhejiang Friendship New Material Continuous Casting Slab 】 1) 16,800 yuan/ton of 347H material (160-360); 2) 23,300 yuan/ton for 2205 material ￠160-360 and 23,300 yuan/ton for 65-105 (negotiable); 3) 28,600 yuan/ton for 2507 material (160-360) and 30,000 yuan/ton for 65-105; 4) 31,600 yuan/ton of 32,760 material (160-360) 5) 30,900 yuan/ton for 310S material ￠160-360, and 31,400 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) 32,000 yuan/ton for 310S material (150-300) and 33,000 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 is 33,000 yuan/ton. S32760(F55) material ￠65-130 round steel 37000 yuan/ton. 4) 316l ~ 65-130 round steel is 27,000 yuan/ton; 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) 15,100 yuan/ton for 304 round steel (150-300) and 16,000 yuan/ton for 65-130; 18,000 yuan/ton of 321H material ~ 65-130; 20200 yuan/ton of 347H material ~ 65-130; 6), No.7718 ~ 200-250 round steel 172,000 yuan/ton; 65-130 round steel 173,000 yuan/ton; 7), No.8810 ~ 200-250 round steel 64500 yuan/ton; 65-130 round steel 65,500 yuan/ton. 8), NO8926/1.4529 material ￠200-250 round steel 88000 yuan/ton, ￠65-130 round steel 76000 yuan/ton; 9) NO8825 material: 92,000 yuan/ton for 200-250 round steel and 95,000 yuan/ton for 65-130 round steel; 10), No.8028 ~ 200-250 round steel 82000 yuan/ton, ~ 65-130 round steel 83000 yuan/ton; 11), No.8120 ~ 200-250 round steel 84000 yuan/ton, ~ 65-130 round steel 86000 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) 185,000 yuan/ton of NO6625 material (200-250); 65-130 round steel 180,000 yuan/ton; 14) 115,000 yuan/ton of NO6601 material (200-250); 116,000 yuan/ton for 65-130. 15) 130,000 yuan/ton of NO6600 material (200-250); 132,000 yuan/ton for 65-130. 16) 200,000 yuan/ton for NO10276￠200-250-250; 65-130 round steel 202,000 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) 157,000 yuan/ton of NO3030 material (200-250); 65-130 round steel 159,000 yuan/ton. 155,000 yuan/ton of NO4400 material ~ 200-250; 22) 139,000 yuan/ton of NO4400 material (200-250); 65-130 round steel 141000 yuan/ton. 23), 1.4460 material ￠65-130 round steel 23800 yuan/ton. 5. 【 Zhejiang Benji Pipe Reference Price 】 Stainless steel seamless pipe 30408 material, specification 25*2*6000 cold-drawn pipe pickling weighing delivery-24.7 yuan/kg; Stainless steel seamless pipe S31603 material, specification 25*2*6000 cold-drawn pipe pickling weighing delivery-37.8 yuan/kg; Stainless steel seamless pipe S32168 material, specification 25*2*6000 cold-drawn pipe pickling weighing delivery-28.6 yuan/kg; Stainless steel welded pipe 30408 material, specification 219-813*4-6 pickling and weighing delivery-18.9 yuan/kg; Stainless steel welded pipe S31603 material, specification 219-813*4-6 pickling and weighing delivery-32 yuan/kg; Stainless steel welded pipe 32168 material, specification 219-813*4-6 pickling and weighing delivery-25.1 yuan /kg. Fourth, statistical data: According to Mysteel research: On June 19th, 2025, the social stock of stainless steel 89 warehouse in the national mainstream market was 1,157,374 tons, an increase of 11,866 tons over last week, with an increase of 1.04%, of which: The total inventory of cold-rolled stainless steel was 634,689 tons, an increase of 5,506 tons or 0.88% over last week. The total inventory of hot-rolled stainless steel was 522,685 tons, an increase of 6,360 tons or 1.23% over last week. The total inventory of 200 series was 198,853 tons, an increase of 2,897 tons or 1.48% over last week. The total inventory of 300 series is 692,137 tons, an increase of 6,098 tons over last week, with an increase of 0.89%; The total inventory of 400 series is 266,384 tons, an increase of 2,871 tons or 1.09% over last week. The caliber inventory of Wuxi 50 warehouse is 624,472 tons, which is 8,569 tons more than last week, with an increase of 1.39%. The caliber inventory of Foshan 28 warehouse is 349,634 tons, an increase of 521 tons over last week, with an increase of 0.15%; 11 warehouses in Zibo, Jieyang, Shenyang and Xi an have 183,268 tons, an increase of 2,776 tons or 1.54% over last week. V. Market analysis The shortage of nickel ore in Indonesia has not been transmitted to the smelting end, and the oversupply of pure nickel continues; Although the cost of pyrometallurgy is high, enterprises can adjust between the production lines of matte nickel and ferronickel. At present, hydrometallurgy is still profitable, and it is expected that the nickel price will continue to run weakly. Recently, due to the drop of nickel price, the price of ferronickel has also dropped. However, under the background of the shortage of nickel ore in Indonesia, it is expected that the price of ferronickel will be relatively firm, and the bottom of stainless steel will also face cost support. However, the overall consumption of stainless steel is weak, and the inventory has rebounded in the past two weeks. It is expected that the price of stainless steel will continue to be weak under the drag of nickel price. Indonesia is strengthening the steel industry by focusing on stainless steel production in the oil and gas (O&G) field, aiming at reducing imports and making use of the countrys rich nickel ore reserves, making Indonesia a global leader in this professional market. The latest initiatives include: PT CT Advance Technology Co., Ltd. and Spains Tubacex Group jointly invested 1 trillion rupiah (about 430 million yuan) to build Indonesias first anti-corrosion stainless steel factory, with an estimated annual output of 10,000 tons of marine-grade stainless steel. PT Artas Energi Petrogas Company and Inerco Global International jointly invested 2.5 trillion rupiah (about 1.08 billion yuan) to build the largest seamless steel pipe factory in Southeast Asia, with an annual production capacity of 250,000 tons, which can meet 50% of Indonesias demand and save 15 trillion rupiah (about 6.5 billion yuan) in import expenditure. The Indonesian government further supports domestic production through measures such as nickel downstream policy and steel import control, and promotes a higher degree of self-sufficiency in the oil and gas field.

Zhejiang Benji Stainless Steel Co., Ltd.,