Major Smelting Raw Materials
Purchased high-nickel pig iron price: 1005 yuan/nickel, up 1% month-on-month.
Electrolytic manganese price: 13250 yuan/ton, unchanged month-on-month.
High-carbon ferrochrome price: 8700 yuan/50 base tons, unchanged month-on-month.
Purchased low-nickel pig iron price: 4200 yuan/ton, unchanged month-on-month.
Silicon manganese price: 6600 yuan/ton, down 1.1% month-on-month.
Electrolytic copper price: 73010 yuan/ton, down 1.4% month-on-month.
Major Smelting Raw Material Prices
| Raw Material | Price (CNY/Unit) | Change (%) |
| High Nickel Pig Iron | 1005 CNY/Nickel | +1% |
| Electrolytic Manganese | 13250 CNY/Ton | 0% |
| High Carbon Ferrochrome | 8700 CNY/50 Base Tons | 0% |
| Low Nickel Pig Iron | 4200 CNY/Ton | 0% |
| Silicomanganese | 6600 CNY/Ton | -1.1% |
304 Cold Rolled Series
304 cold-rolled cost using purchased high-nickel pig iron process: 13801 yuan/ton, up 0.5% month-on-month.
Finished product 304 (2.0 cold-rolled) price: 13900 yuan/ton, unchanged month-on-month.
Profit margin for 304 cold-rolled using purchased high-nickel pig iron process: 0.72%, down 0.54 percentage points month-on-month.
201 Cold Rolled Series
201 cold-rolled integrated process cost: 8944 yuan/ton, down 0.22% month-on-month.
Finished product 201 (2.0 cold-rolled) price: 8800 yuan/ton, unchanged month-on-month.
Integrated process profit margin: -1.61%, up 0.22 percentage points month-on-month.
430 Cold Rolled Series
430 cold-rolled cost: 8124 yuan/ton, unchanged month-on-month.
Finished product 430 (2.0 cold-rolled) price: 7900 yuan/ton, unchanged month-on-month.
Profit margin: -5.47%, unchanged month-on-month.
Cold Rolled Series Costs and Profit Margins
| Series | Cost (CNY/Ton) | Product Price (CNY/Ton) | Profit Margin (%) |
| 304 Cold Rolled | 13801 | 13900 | 0.72% |
| 201 Cold Rolled | 8944 | 8800 | -1.61% |
| 430 Cold Rolled | 8124 | 7900 | -5.47% |
Current Cost and Profit Ranking of Stainless Steel Series
Cost Ranking:
304 Cold Rolled > 201 Cold Rolled > 430 Cold Rolled
Profit Ranking:
304 Cold Rolled > 201 Cold Rolled > 430 Cold Rolled
Notes:
Costs have been adjusted from total costs to cash costs.
Profits have been adjusted from net profits to gross profits.