304 stainless steel is a common material in stainless steel, with a density of 7.93 g/cm? , also known as 18/8 stainless steel in the industry. High temperature resistance of 800℃, good processability and high toughness, widely used in industry, furniture decoration industry and food and medical industry.
Common marking methods in the market are 06Cr 19Ni 10 and SUS304, in which 06Cr 19Ni 10 generally represents national standard production, 304 generally represents ASTM standard production and SUS 304 represents Japanese standard production.
304 is a general-purpose stainless steel, which is widely used to manufacture equipment and parts that require good comprehensive performance (corrosion resistance and formability). In order to maintain the inherent corrosion resistance of stainless steel, steel must contain more than 18% chromium and more than 8% nickel. 304 stainless steel is a stainless steel brand produced according to American ASTM standard.
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As the most important steel product in China's special steel industry, stainless steel is widely used in architectural decoration, transportation, aerospace, petrochemical industry, energy generation, food processing, environmental protection and medical treatment because of its good performance. In 20 18, the output of stainless steel in China reached 267 10000 tons, making it the largest stainless steel producer and consumer in the world and occupying an important position in the world stainless steel market.
Stainless steel industry has a high degree of marketization, diverse market players, frequent price fluctuations and strong demand for hedging. The launch of the world's first stainless steel futures will help standardize the circulation order, promote the formation of an open and fair pricing mechanism, further enhance China's pricing influence in the international stainless steel market, and provide price risk management tools for relevant industrial chain enterprises.
Since 20 14, the previous issue has carried out the listing of stainless steel in depth, prudently and steadily, actively carried out market research, extensively listened to the opinions and suggestions of relevant ministries, institutions, industry associations, member units, key enterprises in the industrial chain and other market parties, scientifically designed the rules of stainless steel futures contracts, and completed the basic work of stainless steel futures listing.
Central People's Government-China Securities Regulatory Commission approves futures trading of stainless steel and styrene.
Yang guang. Com- the last issue was approved for stainless steel futures trading.