SHANGHAI, July 11 (SMM) – According to SMM survey, the domestic stainless steel output totalled 2.68 million mt in June, a drop of 6.08% month-on-month and 3.55% year-on-year. The output of the 200-series rose 6.32% YoY to 797,000 mt in June, that of the 300-series decreased 9.79% YoY to 1.35 million mt, and that of the 400-series dropped 0.79% YoY to 502,400 mt. In June, the supply decreased as expected. Steel mills took the initiative to destock. Spot stainless steel prices kept falling, while downstream purchases were poor.
In July, although the supply shortages of nickel raw materials continued to ease, and the cost efficiency of raw materials improved, some steel mills remain under big cost pressure as they bought at higher prices earlier. Given the sharp drop in prices and poor orders, steel mills may reduce production further in July. However, with the recovery of profit margins, the production cut in July may be smaller than expected. The output of stainless steel in July is estimated to fall by 11.98% year-on-year. The output of the 200-series and 300-series is expected to fall 7.76% MoM and 4.73% MoM respectively. The output of the 400-series may rise 3.98% month-on-month.
公司聲明:本文來(lái)源于網(wǎng)絡(luò),版權(quán)歸原作者所有,且僅代表原作者觀點(diǎn),轉(zhuǎn)載并不意味著北方鋁業(yè)贊同其觀點(diǎn),或證明其內(nèi)容的真實(shí)性、完整性與準(zhǔn)確性,本文所載信息僅供參考,不作為北方鋁業(yè)對(duì)客戶的直接決策建議。轉(zhuǎn)載僅為學(xué)習(xí)與交流之目的,如無(wú)意中侵犯您的合法權(quán)益,請(qǐng)及時(shí)與0755-29638762聯(lián)系處理。