Steel Price Rise Drives Shoe Machine Prices Soaring

According to the monitoring of the two steel market of Zhejiang gold steel market and Ningbo East China Material City, the price of 4 kinds of stainless steel plates decreased by 3.32%, 54 of hot-rolled sheet (3, Q235A) fell 0.27%, 3 kinds of galvanized pipes were flat, and the price of 46 kinds of steel rose in varying degrees, ranging from 0.03% to 5.13%.

This month, 8 kinds of construction steel prices rose significantly, at the end of the month than the beginning of the month rose by an average of 386.25 yuan / ton, a month rose 7.71%, the monthly ring rose 1.04% to 3.03%.

Among them, screw steel (12, Q235), wire rod (general line 6.5, Q235) the average paction price of the province was 4987 yuan / ton, 5189 yuan / ton, respectively, up 1.18% and 2.91% respectively, up 48.98% and 52.45% respectively.

Billet prices remained stable in the middle of the year, rising from 4700 yuan / ton to 4900 yuan / ton in late April, or 4.26%, resulting in the average price of billets increased to 4780 yuan / ton in April, rising by 1.7% on the month, up 45.95% over the same period last year.

Steel prices are soaring, and shoe machine prices can be digested in the first 3 months.

It is expected that the price of shoe-making machines will definitely grow up this year.