1. Economic situation
Steel demand continues to grow with the development of world economy. From a country, the development of steel industry is positively related to the development of the country's economy. The speed of economic growth has a direct impact on the consumption demand for iron and steel, thus affecting the price of steel products.
2, supply and demand conditions and expectations
The market price of any commodity is closely related to the supply and demand. Iron and steel products are no exception. Therefore, investors should pay close attention to the supply and demand of iron and steel products and analyze the price trend of steel.
3. The cost situation
The consumption of water, electricity and gas and the transportation of iron and steel products also constitute the cost and profitability of the steel industry.
4, technical level
The technical level is one of the important factors that affect the price of steel products. The effect of technological progress on the prices of steel products mainly from three aspects: one is the influence of the production process, and the impact on production costs; two is due to the development of iron and steel technology alternatives, thereby reducing the demand for steel; third, technological advances led to steel products instead of other materials, so as to increase the the demand for steel and iron.
I hope this introduction can help you. We sincerely close to customers, take actions to satisfy customers, win customers and personalities lead customers. Your satisfaction is our greatest pursuit.