Expected steel prices will stabilized hardware industry good show

Expected steel prices will stabilized hardware industry good show

        In steel continuous rising circumstances, hardware industry many product follow its prices, This five many industry, there no small pressure, but a message that steel prices likely bottomed let hardware industry everyone pleasure.
MOFCOM latest forecast shows steel prices three weeks fell slightly last week (May 23 to 29) domestic steel prices previous week (same below) decreased 0.1%.
Varieties mixed. Part steel down prices, plates varieties fell, 0.5mm no orientation Xi Gangpian, 3mm hot ordinary sheet, 1mm cold ordinary sheet respectively previous week fell 1.2%, 0.3% and 0.3%. Addition, construction enterprises increase procurement, Beijing, Shanghai other cities inventory decreased, Φ12mm rebar, Φ6.5mm speed wire price than previous week 0.1%.
Data show May 27, country 29 key cities construction steel social inventories 7,351,500 t than previous week 5.7%, than 4 end reduce 14.1%. Recently, iron ore other raw materials price trend stabilized, will steel prices formation support, expected shortly steel prices will bottomed.
Steel prices and hardware industry
With raw materials rise, hardware industry some products prices rather architectural hardware industry million important. The STONE COATED STEEL ROOFING steel industry is undoubtedly a member of the chain. Speaking decoration, NATURAL write not open household hardware. However, with hardware products individually raise prices, decoration industry is undoubtedly Hardware prices most directly affected industry long as containing metallurgy building materials are prices, bundle ordinary copper wire than ago expensive 100 yuan . There consumers said equally decoration 100 square meters suites, ago locks, door cabinet handle other hardware, wires budget is 4,000 yuan, but years press hardware market actual purchase price have 5000 yuan can buttoned household hardware prices With soaring. Steel prices Although Leave hardware industry bring some impetus but pressure after all great.
Now, steel prices if fell This consumers undoubtedly good, which directly reduces their decoration cost is Fortunately thing while addition, hardware industry also appear some small changes addition household hardware outside, like tools, fastener small industry will benefit, steel price let hardware industry even better.
edited by stone coated metal roofing