With the proposal of the goal of carbon peaking and carbon neutralization, the direction of China's future energy transformation and development has been determined.

In September 2022, due to the strong expectation of demand release in the peak season, the enthusiasm of the steel plant to resume production was significantly enhanced

Recently, TISCO launched the first stainless steel product for MARK - Ⅲ LNG (liquefied natural gas) carrier/tank membrane enclosure system in China

Last week, the spot price in Wuxi market was stable first and then fell. The spot price started to be flat and fell back slightly. The futures price fell sharply in the middle of the week.

Weekly review: Shanghai Nickel 2212 contract was blocked in the upward direction, because the US economic data showed that the prospect was still worried, and the rise of the US dollar index slowed down; The downstream demand of nickel market performed well, but the market was afraid of high spirits, and the spot premium fell back.

On the macro level, the market continued to play the game of interest rate increase in December, and energy, geopolitical conflicts and other issues frequently disturbed the macro sentiment. It is expected that nickel price will not have a trend under the situation of long and short, or continue to be dominated by shocks.

Viewpoint: nickel shock continues and stainless steel falls in resistance

Since this year, Baosteel Special Steel super austenitic stainless steel cold-rolled products to achieve 0.8-3 mm full process through and small batch production, 1-5 in total storage of 540 tons, the product quality has been recognized by the market.