Low stocks of ductile iron manhole cover manufacturers prompt quotes to move higher
Today, the domestic nodular cast iron manhole cover market was slightly adjusted in some regions, and the market transaction situation was slightly different. It is understood that in Xuzhou area, pig iron and nodular cast iron were discontinued due to some ironworks, and low-cost resources were acceptable. Ductile iron manhole cover manufacturers had low inventory, and their prices moved closer to high levels.
Ductile iron shipments in Liaoning, Henan, Hebei, Shanxi and other regions are not smooth. With the decline in raw material prices, the support for pig iron costs has weakened, and iron mill prices have been lowered again. Due to the recent poor market conditions, some iron plants in Baotou have little profit at all. They have stopped production and cleared their inventory. The pig iron market in other regions has been operating weakly and steadily. Comprehensively considered, under the background of weak cost and demand, the short-term domestic pig iron market is expected to operate weakly and steadily.
According to the monitoring data of Lange Steel's cloud business platform, as of press time: Steelmaking pig iron (L10): Tangshan district reported 3050 yuan; Yicheng district reported 2900 yuan; Linyi district reported 3,000 yuan. Foundry pig iron (Z18): Yicheng district reported 3250 yuan; Xuzhou district reported 3290 yuan; Zibo district reported 3250 yuan. Ductile iron (Q12): Yicheng district reported 3,070 yuan; Xuzhou district reported 3,290 yuan; Linyi district reported 3,290 yuan.