The price of pig iron has risen again, and the peak shipment period of the cast iron industry has arrived early.
In recent years, the demand for pig iron has increased. Due to the huge profit margins of steel products. China is a large manufacturing country. The rapid increase in the demand for pig iron for cast iron in the foundry industry has led to the shortage of cast iron and ductile iron resources and rising prices. Global steel resources are scarce, and steel mills scrap steel Strong demand and insufficient supply. The increase in the price of raw materials and the increase in freight have prompted the increase in the price of imported scrap, which eventually led to the early arrival of the peak shipments of the cast iron industry.
Post time: Apr-07-2021