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Three Factors Affecting Stainless Steel Prices

Feb. 12, 2020

Because stainless steel has the advantage of not rusting, it is widely used in various home improvement, issuing and water heater industries. Today 316l Stainless Steel Tube Supplier will take everyone to look at the relevant content of stainless steel and the three major factors that affect the price of stainless steel plate!


 316 Stainless Steel Sheet


316 Stainless Steel Sheet


First, the price of stainless steel plate

Maybe when many friends buy stainless steel plates, they will encounter some nonsensical quotations. The prices given by several companies are different. In fact, there is really no very accurate positioning about the prices of stainless steel plates. The stores and quality are different. So before buying, you must first understand the thickness you want to buy, what specifications and what type, such as 316 Stainless Steel Sheet. After determining your needs, you can know the exact price of stainless steel plate. Generally, the price of stainless steel plate ranges from 6000 to 23,000 yuan per ton. Of course, the price is for your reference only. The specific price depends on the actual sale price.

 

Second, the three major factors affecting the price of stainless steel plate

1. Raw material aspect of stainless steel plate

The raw material of stainless steel plate has a key effect on the price of stainless steel plate. If the price of raw material increases, the price of stainless steel plate will also increase. Therefore, we must always pay attention to the stainless steel market, especially about the trend of LME nickel prices and other metal prices . If you want to buy for investment, you can also learn about its latest developments through LME, COMEX and the domestic Shanghai Futures Exchange.

 

2.Inventory relationship

The supply and demand relationship of stainless steel plates is also the price guide of stainless steel plates. If the supply exceeds demand, it means that the market for stainless steel plates is very good, which will lead to tight stocks. If the supply exceeds demand, it means that the market is general and prices will fall . If the price of a certain series of stainless steel plates has always been high, then there will be alternatives that can replace this series. The alternatives are not only cheap, but also superior in performance. This situation is even more apparent in the futures market.

 

3. National economic policies and corporate monopolies

If the country attaches great importance to an industry or cracks down on an industry, the impact on the price of stainless steel plates is also very large. Of course, there is another way that companies join forces to monopolize the price of stainless steel plates, which will also have a great impact on the stainless steel market.

 

The above are the factors affecting the price of stainless steel introduced by 304 Stainless Steel Plate Supplier.

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