Affected by the continuous increase in steel prices, most of the domestic steel companies are gradually emerging from the shadow of the loss from the second half of last year to the beginning of this year. For the future trend of the steel market, the industry believes that this round of gains may have peaked.
For the trend of steel prices this week, the domestic steel consultancy, my steel survey of 46 steel mills and 133 traders that have a critical impact on the rebar and hot rolled coil market in 15 domestic cities, shows that Rebar or hot-rolled prices are still forecast to rise.
Affected by the rise in international raw material prices, domestic steel mills continued to push up the ex-factory price this week, boosting the market's bullish sentiment, while driving the entire steel market price to climb. This week, MyspiC's domestic steel price composite index rose 2.8% from last week to 144.6 points, up 7.3% from the previous month and down 32.3% from the same period last year.
According to the analysis of “My Steelâ€, the overall supply and inventory of domestic alloy steel pipes are at historically high levels. The operating rate of domestic hot-rolled steel mills has reached more than 90%, and the order prices in August totaled over 4,000 yuan per ton. Such market conditions indicate that caution is needed for later operations.
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HIDEEP Product line |
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Product Information |
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Product description |
Brass floor drain |
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Brand name |
HIDEEP |
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Material |
Brass |
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Material analysis |
Cu≥59% |
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Salt spray test |
24 hours |
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Quality guarantee |
5 Years quality guarantee |
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Application |
For family bathroom, hotel bathroom and so on |
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Certification |
ISO9001, CE |
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OEM and ODM |
Acceptable |
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