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to rise, like a drum spread like flowers, the last to absorb losses will not be the Wall Street crowd, because they had withdrawn before the crash.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.
Plastic Drum Cap Seals and Their Role in Industrial PackagingJanuary 31, 2024In today's world, efficient and secure packaging is of utmost importance in the industrial sector. Industries rely heavily on packaging to ensure the safety and protection of their products during...view
Factors Affecting The Service Life Of Steel DrumJuly 1, 2022The quality and storage life of steel drums are not only affected by the production process, treatment methods, transportation, filling, storage, emptying and other factors of steel drums, but also si...view
Packaging Testing: A Trustworthy Choice for Product TransportationApril 10, 2023Transport packaging is an essential part of product circulation, and packaging directly affects the economic profits of merchants in terms of product protection and safety. So, how can companies antic...view
Importance of Using Proper Drum Bung Seals for SafetyJanuary 31, 2024In industries that deal with hazardous substances and liquids, safety is paramount. One crucial aspect of ensuring safety is the use of proper drum bung seals. Whether you work in chemical manufacturi...view
Choosing the Right Drum Bung Caps for Your Industrial NeedsFebruary 5, 2024When it comes to storing and transporting liquids in industrial settings, drum bung caps play a crucial role. These small yet essential accessories ensure the safe and secure closure of drums, providi...view