Steel raw material prices rebounded

After a period of downturn, steel has finally bottomed out since March 18, and there are always some small rises in recent days , today major manufacturers have successively adjusted the price, spot and futures have a significant price rise, cold-rolled steel today rose between 1.1% and 1.7% per ton, which is the largest increase since March. This also shows that with the arrival of spring, the steel market is expected to pick up completely.

So far, although there has been a large rebound, but the price of steel is still in a low position, not only more suitable for futures investment bottom-hunting, but also suitable for long-term demand to replenish inventory, to pull down the average price of steel warehouse.

As a long-term and professional manufacturer of customized metal parts, Kailai Machinery is always very concerned about the price of steel, and also suggests that customers with large demand should seize the last opportunity to catch the bottom of steel prices, and reserve some steel materials to help customers save costs.

Kailai Machinery can provide you with a variety of custom metal stamping parts, custom laser cutting parts, custom welding parts and custom sheet metal fabrication parts, if you have any needs, please call or email for consultation.