stainless steel futures

Jul 12 2021 WEEKLY: China’s stainless steel stocks over Jul 2-8; Jul 09 2021 NBS: China’s PPI grows 5.1%, CPI up 0.5% over Jan-Jun; Jul 09 2021 DAILY: China’s imported iron ore prices down, trade mixed; Jul 12 2021 Taiwan’s CSC promises to stabilize local steel prices; Jul 09 2021 DCE iron ore futures sag on fears of steel output cuts Contact. China Steel Prices, News and Analysis. Meanwhile, stainless steel futures on the Shanghai Futures Exchange rose to a more than 10-month top on Monday, and hot-rolled coils futures prices climbed to an all-time high. Build and refine your trading strategies with free pricing and analytics tools for CME Group Metals products. Analyze open interest and open interest change patterns for each expiration within the selected product. China's top economic planning agency said this month it will probe malicious speculation. One is that China’s steel production, which was at 563.33 million tonne in H1 2021; secondly, China’s steel exports are up by nearly 23 percent for the month of June. Chinese stainless steel futures fell by 2% in their first session of trading on Wednesday, after U.S. President Donald Trump’s stinging rebuke of China fanned demand concerns amid a bruising trade war between the world’s two biggest economies. Future Metals is a supplier and distributor of aircraft quality bar. Stainless steel futures rise as much as 1.9%, Dalian iron ore prices inch higher and spot 62% iron ore remained unchanged at $118.5 a tonne on Wedne.. Today's LME metal market is mixed. BEIJING, Aug 9 (Reuters) -. China has the fastest growth of stainless steel output in the world. 1.The transaction fee for closing out the position opened on the same day=the haircut rate for closing out the position opened on the same day * transaction fee, which is waived then the value is zero. Graph and download economic data for Producer Price Index by Commodity: Metals and Metal Products: Steel Wire, Stainless Steel (WPU10170502) from Dec 2010 to May 2021 about wired, steel, metals, commodities, PPI, inflation, price index, price, indexes, and USA. Chinese stainless steel futures surged more than 6% to an all-time high on Friday propped up by strong consumption and raw material supply crunch, while concerns over output cut in the steel sector also supported prices. From financialpost.com. SHFE Stainless Steal futures price quote with latest real-time prices, charts, financials, latest news, technical analysis and opinions. DOMESTIC HOT-ROLLED COIL STEEL (NYMEX:HRC) Price Charts and Quotes for Futures, Commodities, Stocks, Equities, Foreign Exchange - INO.com Markets STEEL NEWS ArcelorMittal Plant to Be World’s First Full-scale Zero Emissions Facility The steelmaker looks forward to the support of the national and the Basque government in … Prev. FUNDAMENTALS * Benchmark iron ore futures on the Dalian Commodity Exchange, for September delivery, fell 1.8% to 1,221 yuan per tonne. We carry a large selection of aerospace alloy bar and aircraft quality bar in stainless steel, titanium, aluminum and high temp alloys that is available in a variety of sizes and specifications. Story continues. Two important factors that are supporting prices. * Trading will be in lots of five tonnes of 304-2B stainless steel cold-rolled coil plate, the exchange said in a statement on its website. If HDG trades at $700/s.ton and HRC at $550/s.ton, a premium of $150/s.ton results. Vol. Hot-rolled coil futures, used in cars and home appliances, ended down 1% at 5,688 yuan per tonne. FOCUS: Rising capacity, SHFE futures set to shake up China’s stainless steel market China’s stainless steel prices are set to come under pressure from rising supply, but with the Shanghai Futures Exchange set to launch its futures for this segment, the spot market could be in store for more liquidity as well as fluctuation. $0.75-$1.50/lb. China's stainless steel futures extended gains on Thursday, leaping as much as 5%, as higher cost of feedstock nickel and tight supply drove prices … Welcome. For example, a consumer needs to procure HDG steel in the physical market and decides to hedge his or her risk with a long position in HRC futures. Product information Product Dimensions 16.5 x 3.5 x 1.25 inches Item Weight 7.2 ounces Department Cookware Created with Highcharts 4.2.3. Base Metal Prices on Copper,Steel,Iron The MarketWatch News Department was not involved in the creation of this content. This is a list of all Steel ETFs traded in the USA which are currently tagged by ETF Database. BEIJING, July 16 (Reuters) - Chinese stainless steel futures surged more than 6% to an all-time high on Friday propped up by strong consumption and raw material supply crunch, while concerns over output cut in the steel sector also supported prices. Press Release Stainless Steel Screws Market 2021 Global Future Growth, Leading Players, Industry Updates, Business Prospects, Forthcoming Developments and … Settle. SBB's price analyser, price forecaster, provides accurate stainless steel prices. Jul 16, 2021 (The Expresswire) -- The latest published report by 360 Research Reports. Minimum*. "Click to view the spot price of SMM metal. Shanghai stainless steel hits record high on robust demand, raw material shortage. Commodity Exchange Prices on Precious Metals Gold,Platinum,Silver. This statistic shows steel scrap prices worldwide between the 2013 and 2016 calendar years, and gives a … The New York Mercantile Commodity Exchange (COMEX) began trading hot-rolled coil futures the same year, while the Shanghai Futures Exchange began trading futures of Chinese rebar and wire in 2009. Please note that the list may not contain newly issued ETFs. US Midwest Domestic Hot-Rolled Coil Steel Futures historical prices: closing price, open, high, low, change and %change of the US Midwest Domestic Hot-Rolled Coil Steel Futures … That compared with 85.6% in the same period a year earlier. 2.Transaction fee for stainless steel futures shall refer to the rate of transaction fee. From USD 122130 million in 2020, Over the next five years the Stainless Steel market will register a 4.8% CAGR in terms of revenue, The Global Market Size … 1916 Visitor Center. It had hit an all-time high of 5,975 yuan on May 11. Stainless steel futures closed up 505 yuan, and the explosive welding test of JISCO stainless steel and carbon steel clad plates was successful Foshan Market News, July 15, 2021, the 22nd China Patent Awards were announced recently. Daily crude steel output at CISA key mills fell 5.56% in early July The China Iron and Steel Association (CISA) reported that crude steel output across major mills in China averaged 2.14 million mt per day in the first ten days of July, down 5.56% from late June and up 0.32% from the same period a … The global stainless steel market size was valued at USD 111.4 billion in 2019 and is anticipated to witness a CAGR of 6.3% in terms of revenue from 2020 to 2027. The August contract for stainless steel futures on the Shanghai bourse dipped 0.1% to 18,705 yuan a tonne. Stockpiles of nickel stored in LME licensed warehouses fell on Tuesday and … Nevertheless, the LME began offering contracts based on nine different grades of steel billets in 2008. Rising demand for consumer goods is likely to drive market growth as stainless steel is resistant to corrosion, exhibits high toughness and ductility, and requires low maintenance. Bar Products. But if the contract is appropriately structured, and the exchange is well regulated this is unlikely. This is possible if there is speculation or too little liquidity. Cornering the market could lift the futures price, and leave the spot market behind. * Trading will be in lots of five tonnes of 304-2B stainless steel cold-rolled coil plate, the exchange said in a statement on its website. Domestic prices of 304-grade stainless steel across China generally increased over May 31-June 4, mainly propelled by the strong performance of stainless futures on the Shanghai Futures Exchange (SHFE). 445M2 is a modern stainless steel that does not contain nickel, unlike the better known austenitic stainless steel grades like 304 and 316. The LME offers two ferrous contracts, LME Steel Rebar and LME Steel Scrap; cash-settled futures which are designed to meet the needs of the metal community for new risk management tools. Instead, Nisshin Steel in Japan use modern, state-of-the-art vacuum processing steelmaking technology to produce a premium stainless steel without an expensive addition of nickel. Get the Tools of the Trade 13-Piece Stainless-Steel Cookware Set … Based in London, Beijing and Mumbai, CRU’s Stainless Steel team brings you global market analysis, forecasts and price assessments along the supply chain.