NEWS

Yesterday, stainless steel prices shook the weak run, on the one hand, by the Philippines to liberalize the potential impact of new mines, in addition, stainless steel and the potential impact of export tax rebate policy suppression, stainless steel trend is weak. From the raw material side, NPI prices stabilized, ferrochrome prices have fallen, the center of gravity of stainless steel costs have moved down.

In February this year, the Shanghai Municipal Government officially released the "Plan for Promoting the Construction of the "Da Zero Bay" Science and Technology Innovation Source Functional Zone", taking the opportunity of the Shanghai Municipal Government to promote the construction of the "Da Zero Bay" innovation source, this year's Minhang Science and Technology Festival will focus on the theme of "Science and Technology Innovation Source, Intelligent Future".

According to SMM research, the main reason for stainless steel surge is the pressure from the supply side, Guangxi double control policy is strictly implemented, other regions production restriction policy is also in strict implementation, the expected goods are about to enter a high degree of scarcity. In addition, last Friday stainless steel turnover is better, the demand is beginning to be strong, consumers want to get enough goods before the price is further high.