Trade Resources Market View Steelhome Website Publishes Monthly Report on China Steel Market

Steelhome Website Publishes Monthly Report on China Steel Market

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

Source: http://www.steelguru.com/stainless_steel_news/Monthly_Report_on_China_Stainless_Steel_Market_for_November_2012/296078.html
Contribute Copyright Policy
Monthly Report on China Stainless Steel Market for November 2012
Topics: Metallurgy