With positive expectations for the peak season of “Golden March and Silver April,” stainless steel prices surged at the opening of Qingshan’s new listings.

I. Raw Materials: 1. Nickel: On March 3rd, the LME nickel closing price was $17,160, up $684, or 3.83%; the highest price for SHFE nickel 205% was 1,381,950 yuan, up 15,710 yuan, or 1.13%; Shanghai high-nickel ferrochrome (FeNi5C10000/50) was 8,850 yuan/60 base, and the reference price for high-carbon ferrochrome (FeCr60) was 281,400 yuan/ton, down 1,000 yuan.