Currently, steel prices continued to rise. The reasons are even more complex.
First, market demand is picking up. Since May 2020, China's economy has gradually returned to normal, and China's demand for steel has gradually returned to normal. Various infrastructures have contributed to steel. In addition, after entering 2021, the economy of many countries in the world has begun to recover gradually. Many people may worry that steel prices will rise in the future, so they will buy some raw materials in advance. This market demand is also an important reason for the rise in steel prices.
Second, iron ore prices rose. In the past year or so, global iron ore prices have risen sharply. In fact, against the background of rising iron ore prices, many steel mills can only be in a passive position. Under the background of rising iron ore prices, the steel-making cost of steel mills has risen rapidly, which is also one of the main driving forces of rising steel prices in the past period.
Third, promote capital. The growth rate of steel demand in the world is obvious, but the growth rate of this market demand is obviously contrary to the growth rate of steel prices, which indicates that some steel prices are in bubble. For steel futures, as long as someone takes orders and the price is higher, the price will continue to rise.
Short comments: Driven by various factors, global steel prices have continued to rise in the past year or so. Therefore, the steel drum price is also on the rise, causing the price of some related industries, like steel drum packaging closure, to continuously rise up.
Kinds Of Drum Closure Gasket2July 1, 20224. Viton fluorine rubber sealing ringHigh temperature resistance is better than silicone rubber, has excellent weather resistance, ozone resistance and chemical resistance, cold resistance is bad.It i...view
The Second Green Packaging Innovation Application Forum And Exhibition Coming in DecemberJune 30, 2022With China's "double carbon" goal, policy advocacy of circular economy and green packaging and the continuous strengthening of consumers' awareness of environmental protection, the p...view
Where Can Find IBC's Tare Weight?July 24, 2023Intermediate Bulk Containers (IBCs) are commonly used in industries such as food processing, chemical manufacturing, and pharmaceuticals. They are designed to hold large quantities of liquid or solid ...view
Development History of Malleable IronApril 24, 2023During the First World War, the core issue of concern for wartime rations was whether they could reduce the losses caused by long-term transportation and storage. Glass packaging was not ideal due to ...view
Under The Skyrocketing Price Of Steel, Steel Barrel Factories Will Still Hold On To Price Increases Industry Thoughts Brought By PriceJuly 1, 2022At the beginning of the new year in 2021, all industries are gearing up, flexing their muscles, and actively participating in post-epidemic production operations. When everyone is fully committed and ...viewWhat Are the Requirements for Exporting Steel Drums Containing Dangerous Goods in Proper Packaging?October 25, 2023Dangerous goods steel drum basic conditions:There should be a certain adaptability between the inner and outer packaging, and the lining should not rub against and damage the steel drum during transpo...view
EN
ko 
fr 
de 
es 
it 
ru 
pt 
ar 
vi 
th 
