Ductile iron manhole cover prices rise
The domestic pig iron market rose steadily in July. At the beginning of the month, the domestic pig iron market showed a steady increase in prices. The steelmaking pig iron prices in Shanxi were affected by the continued strength of the steel market. Iron mills were reluctant to sell and the market resources were reduced. Retaliation increased. In the middle of the month, steel mills' enthusiasm for the purchase of steel pig iron was fair, the transaction of steel pig iron was in good condition, and the inventory remained low;
The demand for cast pig iron has not changed, and the iron mill transactions have not significantly improved, and the prices have not significantly fluctuated. The ductile cast iron market has significantly reduced its supply as the iron mills have ceased production or switched to steelmaking pig iron. Stock replenishment was positive, and ironworks inventory dropped significantly. At the end of the month, steel mills were more enthusiastic about purchasing pig iron. Steel pig iron in various regions maintained low inventory or negative inventory status, and overall resources were tight.
The demand for cast pig iron and ductile iron is average, low-price transactions are acceptable, and some iron plants have little inventory pressure. The overall transaction situation in the pig iron market is not bad, and the pressure on iron plant inventory in all regions is not great. However, despite the continuous rise in pig iron prices, profits are still meager. Strong.