Home > News > Market Trend and Demand Increase in steel prices in the first quarter Will Affact the Price of Nano-diamond Powder

Market Trend and Demand Increase in steel prices in the first quarter Will Affact the Price of Nano-diamond Powder

wallpapers News 2021-04-29

At the first quarter information conference held by the China Iron and Steel Association on the 27th, Qu Xiuli, vice president and secretary-general of the China Iron and Steel Association, said that since this year, my country’s iron and steel industry has worked hard to overcome difficulties such as the sharp rise in iron ore prices and adapt to domestic and foreign With changes in the steel market, the industry has shown a relatively good trend.

In the first quarter of this year, my countrys steel production was generally stable, and output maintained growth. According to data released by the National Bureau of Statistics, in the first quarter, my country’s pig iron output was 221 million tons, an increase of 8% year-on-year, and an increase of 13.38% over the first quarter of 2019; crude steel production was 271 million tons, an increase of 15.60% year-on-year, and an increase of 17.3 over the first quarter of 2019. %; Steel production is 329 million tons, a year-on-year increase of 22.50%, and an increase of 22.42% over the first quarter of 2019.

Economic benefits have maintained growth, and loss-making enterprises have decreased significantly. According to the statistics of the Iron and Steel Association, the operating income of member steel companies in the first quarter was 1541.7 billion yuan, a year-on-year increase of 52.28%; profits and taxes were 100.4 billion yuan, a year-on-year increase of 159.94%; total profits were 73.4 billion yuan, a year-on-year increase of 247.44%.

Since the beginning of this year, my countrys main steel industry has continued to recover, driving a significant increase in steel demand. According to the calculation of the Steel Association, the actual steel consumption of the main steel industry in the first quarter increased by 47%; the apparent consumption of crude steel in my country was 258.96 million tons, an increase of 15.3% year-on-year.

According to the monitoring of the Steel Association, steel prices in the domestic market maintained an upward trend in the first quarter. By the end of March, Chinas steel price index rose to 136.28 points, a year-on-year increase of 37.37%. Qu Xiuli analyzed that the reasons for the continuous increase in domestic steel prices this year are extremely complex. On the one hand, it was driven by demand; on the other hand, it was driven by the sharp increase in the price of imported iron ore. It was also affected by the recovery of the international market and the general rise in commodity prices. The next step is to increase the development and mining of iron ore at home and abroad, and improve the resource guarantee capacity of the iron and steel industry.

Affected byIncrease in steel prices in the first quarter,the Nano-diamond Powder market is changing rapidly.These changes are indicators of market growth.This year-on-year upward trend in the market indicates that the next November 2020-2026 will show an oval but steady growth.If you are looking for Nano-diamond Powder or buy Nano-diamond Powder in bulk,please send an email to: sales@ozbo.com

The price of Nano-diamond Powder continues to be affected by factors such as market growth momentum,various opportunities and challenges.However,during the forecast period from 2020 to 2026,the global Nano-diamond Powder sales market is expected to continue to be above average.The growth rate will continue to increase.It is expected that from today to next week,the price of Nano-diamond Powder will increase to a certain extent.  

Due to changes in consumer demand,import and export conditions,and various investigations on the development of Nano-diamond Powder,the cost of Nano-diamond Powder is constantly changing.Taking into account the current market macroeconomic parameters, value chain analysis,channel partners,demand and supply,the cost of Nano-diamond Powder will also be affected to a certain extent.It is estimated that the cost of Nano-diamond Powder will increase slightly from today to next week.

However,Ozbo.com provides high purity Nano Nano-diamond Powder with steady price.In order to feedback to old customers,the company is still in full operations to provide Nano-diamond Powder with competitive price.said Olina,sales manager of Ozbo.com.

About Ozbo.com

Ozbo.com (aka.Tanki New Materials Co.Ltd.) is a trusted global chemical material supplier & manufacturer with over 12 years experience in providing super high-quality chemicals and Nanomaterials.As a leading nanotechnology development and Nano-diamond Powder manufacturer,Tanki New Materials Co.Ltd dominates the market.Our professional work team provides perfect solutions to help improve the efficiency of various industries,create value,and easily cope with various challenges.If you are looking for Nano-diamond Powder, please send an email to: sales@ozbo.com  


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