China is purposefully inflating the price of global steel materials in order to curb the US's drive to invest in infrastructure.
The next step will be to push up infrastructure related resources including important scientific and technological resources rare earth products.
Stop steel exports, but also global procurement, let the world's steel prices skyrocketed.
Instead of a total ban, they force steel mills to raise the price of crude steel. Isn't the US conniving at Turkey and Australia to raise the price of iron ore?
If we raise the price of crude steel, Mexico and Canada will follow suit, and the blame will fall on the United States.
The US wants to send inflation to China, so let's do the opposite.
The US must be beating itself up by absorbing the massive amount of extra dollars being printed by the Federal Reserve.
The U.S. stock market is expected to rise, like a drum spread like flowers, the last to absorb losses will not be the Wall Street crowd, because they had withdrawn before the crash.
Short comments: Due to the measures taken by China and the United States to the steel industry, the global steel prices have risen, and our zinc plated drum closure also fluctuates with the price fluctuations.
China Independent Brand ExpoJuly 1, 2022During the exhibition, CNPC was invited to participate in the "Chinese Enterprise Brand Building Sub-Forum" by the State-owned Assets Supervision and Administration Commission."Lubricat...view
Environmental Progress Of Steel Barrel SealerJuly 4, 2022The electroplating, coating and other processes of steel drums in the production process are the major causes of water pollution and air pollution.So in the cause of environmental protection, our stee...view
New Product Launch-IBC CapJune 30, 2022To provide more packaging accessoires to more shipping containers, we are develping the IBC tote cap for customers.Made of high-density polyethylene for durable and long lasting use of long distance t...view
Steel Drum LinerOctober 27, 2023The steel drum liner is a specially designed bag used as an interior lining for steel drums. It offers a convenient and effective solution for storing and transporting various types of materials. This...view