At present, the prices of ductile iron manhole covers have been reduced compared to last week.
This week, domestic spheroidal graphite cast iron manhole cover price decline trend has not changed, the area of spheroidal graphite cast iron manhole cover price reduction has decreased compared with last week, the transaction in some areas has improved slightly, the overall demand is still unsatisfactory, most manufacturers have higher inventory. Steelmaking pig iron prices fell slightly this week, but there are steel mills in the northern region mining, and this week to the warehouse one after another, the transaction is acceptable, the southern region performance is worse than the north.
The market price of cast pig iron is lowered, and market transactions are still not good. Downstream demand is poor. Inquiries and transactions are not active. Most manufacturers have higher inventory. Based on the above factors, it is expected that the domestic pig iron market will continue to be mainly weak next week. The steelmaking pig iron market generally has the following behaviors this week, and the steel mills are cautious in purchasing, which causes the iron mills to have poor shipments.
Recently, iron plants have ceased production and reduced production. Some factories that had previously stopped furnaces had no plans to start operations, and some iron plants that were anxious to digest inventory had reduced their offers. Foundry pig iron: Quotations for the cast pig iron market have been lowered this week, and shipments from different iron plants have varied. The downstream foundry industry is in a slump, and most foundries focus on small-volume procurement based on demand.