At present, the stainless steel coil 321 industry is only undergoing local minor adjustments in production.

This week, the slab prices showed a regional slight decline. The cost support from coal and coke was gradually diluted by the sluggish demand from the downstream sector. The overall production cost center of stainless steel coil 321 enterprises steadily moved downward. Manufacturers lacked confidence in maintaining high prices and, under the pressure of sales, offering discounts to sell the products remained the preferred choice for most merchants. The upward trend of 321 stainless steel coil prices lacked strong cost support. There will be no concentrated replenishment of raw materials in the short term, and it is likely to continue a narrow and slightly weak oscillating trend, making it difficult to achieve a sustained upward rally.

Supply side

This week, the overall operating rate of stainless steel coil 321 production enterprises across the country was 76%, a slight decrease of 0.15 percentage points compared to the previous week. The capacity release pace of the stainless steel coil 321 industry has slightly slowed down, and the supply side has shown a trend of slightly declining at a high level.

From the perspective of the production entities, the differentiated pattern of industry production resumption has continued: The large-scale enterprises with centralized production facilities, relying on long-term stable long-term contract orders in fields such as oil and gas, boilers, and chemicals, have stable production plans, and their main production lines have been continuously operating at full capacity. The production rhythm has not been significantly affected by the off-season market conditions. However, the small and medium-sized stainless steel coil 321 enterprises have continued to face increasing operational pressure. Due to the lack of sufficient terminal scattered orders and the continuous compression of processing profits, they have actively and flexibly adjusted the production rhythm. They control the output of finished products through intermittent shutdowns and small-scale production restrictions to avoid the risk of inventory depreciation.

At present, the stainless steel coil 321 industry is only undergoing local minor adjustments in production, without large-scale centralized maintenance, shutdowns or production cuts. The overall supply base remains relatively high and no substantial supply contraction benefits have been achieved.