Lower raw material prices make ductile iron manhole cover manufacturers willing to lower prices
Today, the domestic pig iron market is operating steadily, and market transactions are relatively light. It is understood that some ironworks in Xuzhou area have stopped production, which has reduced the supply of market resources and adjusted the prices of ironworks. The number of ductile iron plants in Wu'an area is scarce and limited, and market resources are tight, and merchants are more motivated to pull goods.
Ductile iron castings in Liaoning, Henan, Shanxi and other regions are not shipping smoothly. As the prices of raw materials have fallen, manufacturers of ductile iron manhole covers are willing to lower their prices. Liaoning steelmaking pig iron and foundry pig iron transactions are not good, iron plant inventory has increased, as coke prices have fallen, pig iron cost support has weakened. Looking at the current overall situation, in the context of weak costs and demand, the merchants' mentality is less optimistic, and the short-term domestic pig iron market is expected to run weakly.
According to the monitoring data of Lange Steel's cloud business platform, as of press time: Steelmaking pig iron (L10): Tangshan district reported 3070 yuan; Yicheng district reported 3030 yuan; Linyi district reported 3050 yuan. Foundry pig iron (Z18): Yicheng district reported 3400 yuan; Xuzhou district reported 3310 yuan; Zibo district reported 3300 yuan. Ductile iron (Q12): Yicheng District reported 3210 yuan; Xuzhou district reported 3300 yuan; Linyi district reported 3300 yuan.