Steelhome website publishes monthly report on China Steel Market, International Steel Market, HRC/CRC, Construction Steel, Medium Plate, Stainless Steel, Iron Ore, Coke, Scrap and Ferroalloy each month.
Summary:
Overview of China Stainless Steel Market in November 2012
I Prices of various series stainless steel products ran calm at leading China markets
Outlook on Stainless Steel Market in December 2012
II Analysis on China Stainless Steel Market for November 2012
II.1 Supply/demand
a) Leading stainless steel producers arranged production normally in December 2012
b) China stainless plate (strip) export plummeted both year-on-year and month-on-month
C) China stainless steel demand remained soft in November
II. 2 Stainless steel raw material market
Nickel
1) LME three-month nickel futures average price slumped in November compared with the same period of prior month
Ferrochrome
2) China high carbon ferrochrome price ran calm in November
3) Leading domestic stainless steel mills slashed 300 series stainless steel ex-works price substantially for December
4) Stainless steel inventory at leading domestic markets skyrocketed
Table 1 Stainless Steel Plate/strip Price at Chinese Leading Markets in November 2012
Table 2 Import and Export of SS Plate/strip in October 2012
Table 3 LME three-month nickel futures average price in November 2012
Table 4 Taigang Stainless Steel set to uplift ex-works price for December
Table 5 Baosteel Stainless Steel slashed December ex-works price
Table 6 Stainless steel inventory at leading domestic markets in November 2012
Figure 1 Steelhome China Stainless Steel Price Index (SHCNSI-SS)(2010/1/1/2012/11/30)
Figure 2 Stainless Steel Price at Wuxi in 2010-November 2012
Figure 3 Imp/exp of China CR Stainless Steel Sheet in 2010-Oct. 2012
Figure 4 Imp/exp of China HR Stainless Medium Wide Heavy Strip in 2010-Oct. 2012
Figure 5 Imp/exp of China Stainless Steel Plate (strip) in 2010-Oct. 2012
Figure 6 LME three-month nickel closing price VS. Inventory during 2010-Nov. 2012
Figure 7 Stainless Steel Inventory in Wuxi in 2010-Nov. 2012