Weak Demand, Next Week Steel Prices Or High Shock Run
Cold rolling: this week, the national cold rolling prices were raised by a narrow range, the general market transaction.
Fundamentally, the cold rolling production week on week decreased significantly, the factory warehouse decreased significantly, the warehouse continued to decline.
In the market, the black series of futures in the week of electronic shocks strong, hot rolling prices continued to rise;
According to the cold rolling business feedback, from the recent settlement cost of some steel mills, the cost is still relatively high;
Order cost of next month is expected to be flat;
From the perspective of transaction, it is still in the traditional low season, and local areas are mainly to maintain shipments. For cash-strapped merchants, more preferential shipments are realized;
On the downstream demand side, the manufacturing sector is still seeking recovery in the tepid process, and it is still difficult to release short-term demand.
Overall, domestic cold rolling prices are expected to run high next week.
Short comments: Most of our products are cold-rolled steel coils. Recently, due to the rise of raw material prices, we will adjust prices according to market conditions to ensure the quality of our drum closure and drum clamps.
SWIFT Code Or IBAN?June 30, 2022Doing international trades may come down to bank transfer, which may need your bank SWIFT Code or IBAN. The two numbers are chosen among different regions across the world. The answer is as below:IBAN...view
Three Identification Of Drum Closure QualityJune 30, 2022Three identification of drum closure quality1. large welding points of plugsThe welding points of plug is used to stick the attachment on the body of plug, and prevent it from falling over during open...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
The PACKCON Shows The New Power Of The Whole PackageJuly 1, 2022In order to make resources more concentrated and gather outstanding enterprises and products in the industry chain, China Packaging and Containers Exhibition 2021 will launch six special exhibition ar...view