China's Spot Market Dynamics:
Today, the stainless steel futures market is weak and downward, and the market trading conditions are poor.
The cold-rolled price of 200 series stainless steel coil plate remained stable, while the hot-rolled price fell slightly. 201J2/J5 (four-foot cold-rolled) is $1,171.22/ton; 201J1 (five-foot hot-rolled) is $1,191.64/ton.
The price of 400 series stainless steel cold and hot rolling remained stable. Jiugang and Taigang: 430 (cold-rolled trimming) $1,143.98/ton, 430 (hot-rolled five-foot raw edge) $1,007.79/ton.
Wuxi market: The price of private 304 cold and hot rolled 300 series stainless steel coils fell by $13.62-20.43/ton. Private: 304 (cold-rolled raw base) $2070.06-2076.86/ton, (hot-rolled raw edge five feet) $2029.20-2042.82 /ton.