Some Ductile Iron Manhole Cover Manufacturers' Prices Drop
Today, the domestic pig iron market is weak and stable, and market transactions are not smooth. It is understood that nodular cast iron in some areas of Shandong is affected by the decline in prices of raw materials and pig iron in other regions. Although the recent quotes from iron mills have declined, due to the scarcity of nodular cast iron plants in Shandong, the iron mills can still deliver and have little inventory.
Affected by the low-level operation of coke prices in Shanxi, cost support has weakened, and some manufacturers of ductile iron manhole covers have experienced a decline in selling prices. Affected by environmental factors in Xuzhou area, the iron plant may be shut down recently, and the supply of resources may be reduced. Therefore, manufacturers of ductile cast iron manhole covers are offering firm prices, and the merchants ’attitude is acceptable. The performance of the pig iron market in other regions is average. Given the weak cost and demand, it is expected that the domestic pig iron market will continue to operate weakly in the short term.
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 2950 yuan; Linyi district reported 3,000 yuan. Foundry pig iron (Z18): Yicheng district reported 3300 yuan; Xuzhou district reported 3290 yuan; Zibo district reported 3250 yuan. Ductile iron (Q12): Yicheng district reported 3140 yuan; Xuzhou district reported 3290 yuan; Linyi district reported 3290 yuan.