Recently,one of the most focused topic in China is the crasy increase of the steel products’ price .
Sometimes,you can see the price increased 3%-5% per day which is really infleunced the normal trading or production which related with the steel products. The reasons why the price increased so much are mainly because of :
- The government controlled the steel plant’s production to protect the inviroment,especially the PM2.5 concentration in the air. The supply of steel product increased accordingly because of the reduce of supply;
- In the winter,the consumption of the coal increased much higher which caused the coal’s price also increased very high.So,the steel plant have to increase their products price at the sametime;
- The inventory of the steel products reduced continully also pushed the steel products price increase.
Look back the whole year of 2016,we have to say both the first and forth quarter are really crasy for the material’s price.Nobody knows when will the price will be steady or reduce back as before. We will continue focus on it and give our customers the newest follow up.
Hanssen-Steel Pole’s Supplier