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Jul 12, 2024📅 Date: July 9, 2024
📍 Location: Foshan Market
As the market is grappling with the high price of 316L hot-rolled steel at 24,400, during the latest inventory check, we have once again discovered a batch of new resources of "Aperam 316L". Approximately 20 rolls, all in 2B finish, with a weight of about 9.8 tons each.
"Aperam is more expensive, thousands more than domestic ones. The current domestic 316L cold-rolled steel is probably around 25,000, but this origin can easily add a few thousand more. You can't compare; many people won't use it. Those who take this material are making equipment, much of it is processed for Japan, Finland, and such..." said an experienced stainless steel veteran.
It has been two months since the last batch of Aperam 316L cold-rolled new resources appeared. The re-arrival of this costly resource starkly contrasts with the so-called "downgrading consumption" trend.
📝 Summary:
"There are some things that are beyond words. Don't even mention 316, just talking about the furnace material 310S, the lifespan varies greatly from different steel mills. Price does indicate the issue. For example, during the recent durian season, there are prices at 18.8 and 23.8, yet it doesn't affect the consistent selling price of 25.8, they are mainly focusing on stable quality," said an old merchant.
📢 For more information on market quotes and suppliers, please visit our website or contact us directly.
🌐 Americ Energy (CHINA) Co., Ltd.: A prominent manufacturer and distributor of a comprehensive range of stainless steel products, designed to cater to the diverse needs of various industries. Their offerings include stainless steel tubes, plates, strips, and square tubes, all manufactured to uphold the highest quality benchmarks.
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