Steel prices are expected to stabilize and the hardware market is picking up

In the case of continuous rise in steel prices, many products in the hardware industry follow its price increase, which is not a small pressure for more than five industries, but one news, that is, steel prices may stop falling and stabilize, let the hardware industry Everyone is beaming. The latest forecast from the Ministry of Commerce of China shows that steel prices have fallen slightly for three consecutive weeks. All varieties are up and down. Some steel mills lowered the ex-factory price, and the plate varieties fell. 0.5mm non-oriented silicon steel sheets, 3mm hot rolled ordinary sheets, and 1mm cold rolled ordinary sheets fell 1.2%, 0.3% and 0.3% respectively from the previous week. In addition, construction companies increased their purchases, and the stocks of cities such as Beijing and Shanghai decreased significantly. The prices of Φ12mm rebar and Φ6.5mm high-speed wire rods both increased by 0.1% from the previous week. The data shows that on May 27, the social inventory of construction steel in 29 key cities nationwide was 7,351,500 tons, a decrease of 5.7% from the previous week and 14.1% from the end of April. Recently, the price trend of iron ore and other raw materials has stabilized, which will support steel prices. It is expected that steel prices will stabilize and stabilize in the short term. Steel prices stabilize the hardware market to pick up With the rise of raw materials, the price of some products in the hardware industry has risen, and the construction hardware industry is extremely important. When it comes to decoration, it is natural not to open home hardware. However, with the hardware products raising prices one by one, the decoration industry is undoubtedly the most directly affected by the hardware price increase. As long as the copper and iron building materials are in the price increase, a bundle of ordinary copper core wires is more than 100 yuan more than the previous year. . Some consumers said that the same decoration 100 square meters of suites, before the locks, door cabinet handles and other hardware, wire budget is about 4,000 yuan, but after the actual purchase price in the hardware market will be more than 5,000 yuan can be fixed The price of household hardware has risen sharply. Although the rise in steel prices has brought some promotion to the hardware industry, the pressure is still very large. Now, if the price of steel falls, this is undoubtedly a good thing for consumers, which directly reduces the cost of their decoration. It is a matter of luck, and in addition, there will be some small changes in the hardware industry. In addition to household hardware, small industries such as tools and fasteners will also benefit a lot. The price reduction of steel will make the hardware industry even better.

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