Stainless steel spot prices are generally stable. In the Wuxi market: The price of 304 cold rolled steel from Taigang is 18,100 yuan/ton, unchanged from the previous trading day; Hongwang resources are quoted at 17,550 yuan/ton, up 50 yuan/ton from the previous trading day; 304 hot rolled steel is quoted at 17,500 yuan/ton, up 50 yuan/ton from the previous trading day. For the 200 series: The cold rolled steel market remains stable today, traders are still operating flexibly, focusing on accepting orders. Currently, J1 four-foot cold rolled steel resources are quoted in the range of 10,200-10,600 yuan/ton in the Xifu mainstream, while J2J5 resources are at around 9,800-9,950 yuan/ton. Market participants have varying expectations of supply and demand, responding with optimism but also caution. Overall, this week's continuous surge in nickel futures prices has driven the strong market trend of stainless steel spot prices due to shortages, but as the Spring Festival approaches, delivery remains the top priority. Participants are adjusting and observing, with fast shipments of popular specifications and continued pressure on others. Short-term prices are expected to fluctuate narrowly.