Affected by the rising price of raw materials, products price will rise!

According to data released by the National Bureau of Statistics of China today, in early April 2021, compared with late March, the market prices of 50 important means of production and 27 products in the national circulation field have risen. Among them, the price of steel has increased the most.
According to the data monitored by the Iron and Steel Association, at the end of March, the steel long product price index was 142.76 points, an increase of 5.78% month-on-month, and the steel plate price index was 141.83 points, an increase of 8.13% month-on-month. With the increase in steel prices, the social stock of steel continued to decline. As of April 8, the national social inventory of the five major steel products reached 18.84 million tons, which has been declining for 5 consecutive weeks.
Steel and aluminum are the main raw materials for our production of shelves, ladders, and trolleys. The increase in raw material prices directly increases our production costs. It is expected that our products will increase in price from late April.

Angang raises 750 RMB/ton
Angang's product price policy in May 2021:
1. Hot rolling: The price is raised by RMB 500/ton.
2. Pickling: The price will be raised by RMB 500/ton.
3. Cold rolling: The price is raised by RMB 400/ton.
4. Hard rolling: The price will be raised by RMB 400/ton.
5. Galvanizing: The price will be raised by RMB 200/ton.
6. Non-oriented silicon steel: low-grade flat plate, high-grade price increase by 300 RMB/ton.
7. Oriented silicon steel: The price is raised by RMB 100/ton.
8. Color coating: The price will be raised by RMB 100/ton.
9. Medium and heavy plates: The price is raised by RMB 750/ton.
10. Wire rod: The price is raised by RMB 200/ton.
11. Rebar: The price is raised by RMB 400/ton.

Shagang building materials rose 200 RMB/ton
Shagang adjusted the ex-factory prices of some products:
1. Increase the rebar by 200 RMB/ton: the execution price of Φ16-25mmHRB400 is 5250 RMB/ton, the execution price of Φ10mmHRB400 is 5410 RMB/ton, the execution price of Φ12mmHRB400 is 5350 RMB/ton, the execution price of Φ14mmHRB400 is 5280 RMB/ton, Φ28- The execution price of 32mmHRB400 is 5,310 RMB/ton, the execution price of Φ36-40mmHRB400 is 5500 RMB/ton, the execution price of Φ16-25mmHRB500 is 5550 RMB/ton, and the execution price of Φ16-25mmHRB400E is 5280 RMB/ton;
2. The disk snails are increased by 200 RMB/ton: the execution price of Φ8mmHRB400 is 5350 RMB/ton, the execution price of Φ6mmHRB400 is 5650 RMB/ton, and the execution price of Φ8mmHRB400E is 5380 RMB/ton;
3. The high-line adjustment is 200 RMB/ton: the execution price of the Φ8mmHPB300 high-line is 5260 RMB/ton.

Shagang Yongxing rose 200 RMB/ton
Shagang Yongxing adjusted the ex-factory prices of some products:   
1. Increased carbon structure steel by 200 RMB/ton: The price of Φ28-32mm 45# carbon structure steel is 5230 RMB/ton.   
2. General RMB increased by 200 RMB/ton: Φ28-32mm Q355B General RMB executed price was 5380 RMB/ton.   
3. Increased by 200 RMB/ton for composite steel: The execution price of Φ28-32mm 40Cr composite steel is 5450 RMB/ton.

Huaigang raises 60 RMB/ton
Huaigang has adjusted the ex-factory prices of some products:   
1. Increase the price of carbon structure steel by 60 RMB/ton: Φ29-55mm 45# carbon structure steel has an executive price of 5680 RMB/ton.   
2. The price of composite steel will be raised by 60 RMB/ton: the execution price of Φ29-55mm 40Cr composite steel will be 5920 RMB/ton.   
3. The hot-rolled tube billet will be raised by 60 RMB/ton: the execution price of the Φ50-85mm 20# hot-rolled tube billet will be 5700 RMB/ton.   
4. Increased gear steel by 60 RMB/ton: The executive price of Φ29-55mm 20CrMnTi gear steel is 6050 RMB/ton.   
5. Chromium-molybdenum steel is raised by 60 RMB/ton: the price of Φ29-55mm 20CrMo chromium-molybdenum steel is 6250 RMB/ton

The following is the latest news release from MetalMiner dated April 15, 2021:

https://agmetalminer.com/2021/04/15/raw-steels-mmi-pace-of-steel-prices-gains-begins-to-slow/

Dear purchasing managers, please place orders as soon as possible. Please inquiry to  info@abctoolsmfg.com    0086-(0)532-83186388

 

 


Post time: Apr-16-2021