Summary Of Stainless Steel Raw Material Prices On March 25, 2021

Stainless Steel

Proposed Price

Unit

Ups and Downs

Nickel

Lem nickel price (closing price of the previous trading day)

16185

USD/Ton

+140

Shanghai Nickel Price(closing price of the previous trading day)

120820

Yuan/ton

-2410

Shanghai Spot Nickel

120650-124850

Yuan/ton

+400

Nickel Pig Iron

Low nickel iron

4350

Yuan/ton

High nickel iron

1115

Yuan/ton

Nickel ore

Low Nickel ore(Ni≈1.0%)

465

Yuan/wet ton

Middle Nickel ore(Ni≈1.6%)

585

Yuan/wet ton

-5

High Nickel ore(Ni≈1.8%)

780

Yuan/wet ton

-20

Guangdong waste stainless steel

201 old pipe material

5000

Yuan/ton(Excluding tax)

-15

304 first grade material(Ni≈8%)

10750

Yuan/ton(Excluding tax)

-100

304 thin and light material(Ni≈7.8%)

10200

Yuan/ton(Excluding tax)

-100

430(Cr≈1.6-18%)

4400

Yuan/ton(Excluding tax)

Dainan waste stainless steel

201 old pipe material

4900

Yuan/ton(Excluding tax)

-50

304 first grade material(Ni≈8%)

10550

Yuan/ton(Excluding tax)

304 thin and light material(Ni≈7.8%)

9850

Yuan/ton(Excluding tax)

430(Cr≈1.6-18%)

4400

Yuan/ton(Excluding tax)

Chromium

High carbon ferrochrome(50 base)

8700

Yuan/basis ton

Fierce

Electrolytic Manganese(DJMn99.7)

16800

Yuan/ton

Molybdenum

Ferromolybdenum(60 base)

112000

Yuan/basis ton

-2000

Copper

Yangtze River Nonferrous Copper

65930

Yuan/ton

-230