Factors Affecting The Price Of Cold Rolled Ribbed Steel Bars
In 2018, the price of cold rolled ribbed steel bars is fluctuated greatly, which also affected the investment enthusiasm of many cold rolled ribbed steel bar producers. So what factors affect the price of cold rolled ribbed bars? For this problem, Gongyi Jindi Metallurgical Equipment Co., Ltd will explain it to you.
1. Economic status
From the Global, the demand for cold rolled ribbed steel continues to grow with the development of the world economy. From a country's perspective, the development of the steel industry is also positively related to the economic development of this country. The speed of economic growth directly affects the society's consumption demand for steel bars, thus affecting the price of steel products. It can be said that the development of the cold rolled ribbed steel industry is more affected by the economic cycle. When the national economy is in a period of rapid growth, the market demand for cold rolled steel products is
strong and prices are rising; when the national economy enters the adjustment period,the price of cold rolled steel bars will also fall.
2. Cost status
At present, 2/3 of the world's cold rolled steel production and most of China's cold rolled steel production are produced from iron ore. Therefore, the change in iron ore price is a key factor affecting the production cost of ribbed steel products. At the same time, the transportation of water, electricity, gas and other energy and steel products used in the production and operation of the cold rolled ribbed steel industry also constitutes the operating cost and profitability of the cold rolled steel industry.
3. Technical level
The technical level is one of the important factors affecting the price of cold rolled ribbed steel. The impact of technological progress on the price of cold rolled steel products mainly comes from three aspects: first, the impact on the production process, and then on the production cost; second, the technological progress leads to the generation of new cold rolled ribbed steel bars, thereby reducing the demand for old ribbed steel bars.
4. Supply and demand status and expectations
The market price of any commodity is closely related to the supply and demand situation, and cold rolled ribbed steel products are no exception.
The factors affecting the price of cold rolled ribbed steel bars are the above four points.For more details, please visit www.jindimachine.com or call: 0371-64388822,13674996266 to consult with us!
Tel: 86+13674996266, 86+37164388822