The price of raw materials for cold-rolled coils has increased significantly, over the past six months
Classification:Industry news
Release time:2025-01-20
Over the past six months, the price of cold-rolled coils has experienced significant fluctuations, primarily driven by raw material costs, supply-demand dynamics, policies, and macroeconomic factors. The prices of iron ore and coking coal rose due to supply constraints and logistical issues, pushing up production costs. Global economic recovery boosted demand in the construction, automotive, and home appliance sectors, leading to tight supply. Stricter environmental policies forced some steel producers to cut production, particularly in China, reducing global supply. Changes in trade policies, such as tariff impositions, further drove prices higher.
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