Hardware industry there are good movies steel prices will stabilize

Hardware industry there are good movies steel prices will stabilize

        Continuous rise in the case of steel, metal products follow the prices of many industries, this industry for more than five are not a small pressure, but a message that steel prices may be bottoming out, so that the hardware industry everyone very happy. This JULIGAO STONE COATED STEEL ROOFING customers concerned, is definitely a good news.
Chinese Ministry of Commerce of the latest forecast shows that steel prices fell slightly for three consecutive weeks, last week (May 23 to 29) domestic steel prices over the previous week (below) fell 0.1%.
All varieties were mixed. Part of the lower steel prices, plate varieties fell, 0.5mm non-oriented silicon steel, 3mm ordinary hot-rolled sheet, 1mm cold-rolled sheet, respectively, than the week before the general fell 1.2%, 0.3% and 0.3%. In addition, the construction enterprises to increase procurement, Beijing, Shanghai and other cities in inventory decreased, Φ12mm rebar, Φ6.5mm high-speed wire rod prices rose by 0.1% than the previous week.
Data, May 27, in 29 key urban construction and social inventories 7,351,500 tons of steel, down 5.7% over the previous week, compared with 14.1% reduction in late April. Recently, iron ore and other raw material prices stabilized, the steel will support the formation of expected short-term steel prices will rebound.
Steel and metal industry
With raw material prices, prices of some products hardware industry, and architectural hardware industry million of importance. About decoration, do not open naturally write home hardware. However, with the hardware products one by one to raise prices, prices of metal decoration industry is undoubtedly the most directly affected industries, including metallurgy and building materials as long as prices are, a bunch of ordinary copper wire than 100 yuan a year ago you . Consumers have said that the same suite is 100 square meters of renovation, years ago, locks, cabinet handles and other door hardware, wire budget is around 4,000 yuan, but by hardware on the market years after the actual purchase price can have more than 5000 yuan get, home hardware prices have soared. Although steel prices to bring some role in promoting the hardware industry, but the pressure is still great after all.
Now, if steel prices fell, which the consumer is undoubtedly a good thing, which directly reduces the cost of their renovation, is fortunately a thing, addition, hardware industry will also be some small changes, In addition to hardware outside the home, such as tools, fasteners industry will also benefit from small classes, steel prices for the hardware industry icing on the cake.

edited by stone coated metal roofing tiles