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Yongkang Door Industry experience upward pressure on steel prices

Time:2010-3-29

22, a Monday, early in the morning, anti-theft door hardware business buyers Chen came to town early and steel market, hastened to ask vendors: "Today, the number of steel pricing? Up not up?"

    In the recent period has seen a continued rise in steel prices trend to cold-rolled steel security door business, for example, February 12 closing price of a market of around 4,500 yuan per ton, but now sold for about 5,000 yuan per ton, up by more than 10%.

    Chen said the steel security door to the great influence of enterprises, their prices continued to rise in the industry, the production and marketing will bring some impact on this, they are very concerned about the price of steel changes.

    Yongkang Door is the best development of one of the industries affected by rapid warming impact of the real estate market, recently launched new investment and expand production capacity of small and medium enterprises are also rapidly growing security doors. According to business presentations, sales in the recent strip rising year on year increase of 20% or more. But with current prices and rapidly rising steel prices, producers hard to accept. "Going up too fast, and by the Baosteel Group, Anshan, Benxi Iron and Steel and other large steel companies has raised the prices of the impact, as of last weekend, this month's steel prices on the rise of 300 yuan a ton."

    Industry insiders believe that the demand has been warmed by the terminal, combined with continued high steel prices in March, the overall rising trend of steel prices to gain market generally recognized, along with iron ore talks were uncertain demand of domestic iron ore CVRD Stone prices rose 90-100%, the upper reaches of the expected higher prices of raw materials, but also makes the stock offer significantly pull up. However, still formed under the high inventory seller's market. Overall, the cost is expected to support the role of business state of mind is the recent rise in prices were continuing push factors in the iron ore price has not been established, prices will continue to lift the phenomenon, so the short term prices to shocks up the main trend.

    Statistics show that last year, Yongkang consumption of more than 100,000 tons of steel, some companies said that if steel prices continue to sharply rise, that could lead to security doors, iron pots products and other industries to bring greater cost pressure.

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