Steel Price Trend

Steel : On August 28, the average price of 1.0mm steel in 24 major cities across China was 4,583 yuan/ton, an increase of 15 yuan/ton on a week-on-week basis. The weather in September and October is often conducive to construction, leading to a significant increase in steel demand, and making "Golden September, Silver Ten October" a traditional peak season for the steel market. In September and October, the order prices of steel are still trending higher. The short-term cost of steel office furniture raw materials will show an upward trend, and the validity period of the quotation needs to be adjusted to one week.