Total Steel Stocks Dropped 1.7 Million Tons, Steel Prices Rose After The Adjustment
On April 8th, the domestic steel market price was weak, and the ex-factory price of pubillet in Changli area was stable at 5060 yuan/ton. This week, steel inventory accelerated decline, but due to the rapid rise in steel prices at the beginning of the week, high market resources need time to digest, short-term adjustment into the situation.
On the 8th, black futures market fell mainly, only coke rose. The main market of Luchui closed at 5115, down 0.23%, above the 5-day EMA. DIF and DEA are both up. The third-line index of RSI is located at 70-78, running between the middle and upper rail of the Bulling zone.
Six construction steel producers raised their ex-factory prices by RMB10-50 per ton Monday.
Can't Open the Steel Drum Cover? Let Me Teach YouApril 28, 2023Steel drums are widely used in petroleum, chemical products, food and other fields. In order to prevent leakage of liquid and its corrosiveness, the metal lid and other accessories are generally used ...view
Examining the Importance of Drum Bung Caps in Liquid StorageFebruary 5, 2024Liquid storage is a critical aspect of many industries, including chemicals, pharmaceuticals, and food processing. Properly storing liquids such as hazardous chemicals, oils, and solvents is essential...view
200 Liter Standard Steel Drum Manufacturing ProcessJune 30, 2022The technological process of barrel making is more complex, and it is generally assembled after the processing of all parts. Steel drum is generally composed of barrel body, barrel bottom, barrel top,...view
Environmental Progress of Steel Drum ClosuresJune 10, 2023Electroplating, painting and other processes in the production process of steel drums are major causes of water pollution and air pollution. Therefore, in the cause of environmental protection, our st...view
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