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The transaction volume and value of Tianjin stainless steel market doubled in March

Apr. 16, 2021

According to Xing Zhongying, President of Tianjin Stainless Steel Association and General Manager of Tianjin Stainless Steel Market, in March, the transaction volume and value of Tianjin stainless steel market doubled: the transaction volume was 4,010 tons, an increase of 3.05 times the month; the transaction volume was 62.2 million yuan, The month-on-month increase was 2.99 times.


Xing Zhongying said that in the post-new crown pneumonia phase, my country's macro economy has recovered strongly. So far, the manufacturing PMI index (purchasing manager index) has been in an expansion range for 11 consecutive months. In this context, my country's stainless steel production in the second quarter will be on the rise. Therefore, the domestic stainless steel market prices will generally be stable, but it is not ruled out that the impact of changes in nickel prices in the international market and fluctuations in the world economy will occasionally fluctuate slightly. "Domestic stainless steel is more than self-sufficient, and we have the ability to balance the market. Even small fluctuations are temporary." He said.

The transaction volume and value of Tianjin stainless steel market doubled in March

In terms of varieties, in March, the sales volume of stainless steel plates ranked first in the market, with a sales volume of 1,240 tons, an increase of 3.00 times from the previous month (the same below), accounting for 30.92% of the total market sales (the same below); the transaction volume was 20.5 million yuan. , An increase of 2.98 times, accounting for 32.96% of the total market transactions (the same below). The second largest sales volume is stainless steel pipes, with a sales volume of 1,220 tons, an increase of 2.94 times, accounting for 30.43%; a transaction volume of 19.9 million yuan, an increase of 2.94 times, accounting for 31.99%. The third place in sales was stainless steel profiles (bars), with sales of 1,210 tons, an increase of 2.67 times, accounting for 30.17%; the transaction volume was 17.4 million yuan, an increase of 2.70 times, accounting for 27.97%. The fourth place in sales was other categories, with sales of 340 tons, an increase of 7.50 times, accounting for 8.48%; the transaction volume was 4.4 million yuan, an increase of 5.29 times, accounting for 7.08%.


According to dealers, the relatively large sales volume in this market from January to March includes: cold-rolled stainless steel sheets with material 304/2B, specifications of 0.5 mm × 1000 mm × 2000 mm, 1.0 mm × 1000 mm × 2000 mm ; The material is 304, the specifications are Φ20mm×3mm, Φ22mm×3mm, Φ25mm×3mm, Φ38mm×3mm, Φ32mm×3mm, Φ48mm×3mm, Φ45mm×3mm, Φ57 Stainless steel seamless pipe of mm×3 mm, Φ76 mm×4 mm; the material is 304, the specification is stainless steel round steel of Φ8mm~Φ28mm, Φ30mm~Φ60mm; the material is 304, the specification is 40mm×40mm × 4 mm, 50 mm × 50 mm × 5 mm stainless steel angle, etc. The sales of the above-mentioned varieties account for more than 60% of the total sales in the market.


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