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Under The Skyrocketing Price Of Steel, Steel Barrel Factories Will Still Hold On To Price Increases Industry Thoughts Brought By Price

At 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 most companies are still planning future strategic deployments, they are soared by steel. The price of China was slammed and caught off guard. It even became a “hot spot” in the mainstream physical manufacturing industry and once won the title of “Topic King”. Even the phone calls and chats between peers unconsciously discuss a topic together, that is, "the future trend of steel, how much stock is ready to stock" and so on. In May 2021, not only did the steel coil be regarded as a "golden coil", but also a manufacturing boss became a full-fledged economist. Although he used humorous language to ridicule the "steel development dynamics", he should still pay attention to it. Industry self-discipline behind the dynamic.




Under The Skyrocketing Price Of Steel, Steel Barrel Factories Will Still Hold On To Price Increases Industry Thoughts Brought By Price

Under The Skyrocketing Price Of Steel, Steel Barrel Factories Will Still Hold On To Price Increases Industry Thoughts Brought By Price


Under the circumstance that the price of steel continues to rise, the practice of most companies is to “adjust the unit price of steel drums accordingly and make up for the gains and losses caused by the rise in raw material prices as the price of steel rises. One of the necessary strategies, but "how much to increase and how to increase" is the concern of the industry. Of course, "reasonable" is not only the correct answer but also the standard answer. However, what kind of price increase is called "reasonable", I think mainly depends on supply and demand Friendly discussions between the two parties.


Of course, in order to guide the health of the industry and reduce vicious and undesirable competition, the Steel Drum Industry Association actively advocates that the supply and demand sides negotiate on the principle of fairness, reasonableness, and mutual assistance. It is recommended that steel drum purchasing customers should fully consider the actual environment, avoid ignoring the market's rejection of price adjustments and violating the spirit of contract; and steel drum manufacturers should also maintain integrity by adjusting reasonable prices after comprehensive accounting, and avoid false price adjustments. Excessive water prices, so that both parties can continue to travel on the healthy and healthy road.


Finally, the physical manufacturing industry is particularly difficult in the context of the extensive application of network information technology, big data and AI intelligence. However, the physical manufacturing industry is the guarantee of the real economy and the foundation for the survival of more employees. It is also an industry. The inheritance of the craftsmanship of these products should be worthy of respect and encourage continuous development and innovation in a healthy environment and continue to carry forward the great cause of development in the next century.

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