Market Trend and Demand The domestic steel market prices continue to rise Will Affact the Price of Iron(III) oxide

In March, the domestic steel market price continued to rise. According to data,on March 29, the national steel price composite index reached 191.8 points,a month-on-month increase of 6.0%. Among the main varieties,the price of grade 3 rebar increased by 5.3%,and the price of hot-rolled coil The price rose by 7.5%.The factors driving the rise of steel prices are constantly changing. First,inflation expectations brought about by easing global liquidity,and then Tangshan production restrictions have triggered market expectations of supply tightening,and now it has turned to the recovery of downstream demand.

As a basic industrial raw material,the sharp rise in the price of steel has increased the production cost of downstream industries.In Europe, Japan,South Korea,and other developed economies are also facing the problem of a sharp increase in the cost of manufacturing raw materials, leading to rising industrial commodity prices. And began to transmit to the consumer side.

Affected by the Plastic products soar collectively,the Iron(III) oxide market is changing rapidly. These changes are indicators of market growth.This year-on-year upward trend in the market indicates that the next November 2020-2026 will show an oval but steady growth.If you are looking for Iron(III) oxide or buy Iron(III) oxide in bulk,please send an email to: sales@ozbo.com

The price of Iron(III) oxide continues to be affected by factors such as market growth momentum,various opportunities and challenges.However,during the forecast period from 2020 to 2026,the global Iron(III) oxide sales market is expected to continue to be above average.The growth rate will continue to increase.It is expected that from today to next week,the price of Iron(III) oxide will increase to a certain extent.  

Due to changes in consumer demand,import and export conditions,and various investigations on the development of Iron(III) oxide,the cost of Iron(III) oxide is constantly changing.Taking into account the current market macroeconomic parameters, value chain analysis,channel partners,demand and supply,the cost of Iron(III) oxide will also be affected to a certain extent.It is estimated that the cost of Iron(III) oxide will increase slightly from today to next week.

However,Ozbo.com provides high purity Nano Iron(III) oxide with steady price.In order to feedback to old customers,the company is still in full operations to provide Iron(III) oxide with competitive price.said Olina,sales manager of Ozbo.com.

About Ozbo.com

Ozbo.com (aka.Tanki New Materials Co.Ltd.) is a trusted global chemical material supplier & manufacturer with over 12 years experience in providing super high-quality chemicals and Nanomaterials. As a leading nanotechnology development and Iron(III) oxide manufacturer,Tanki New Materials Co.Ltd dominates the market.Our professional work team provides perfect solutions to help improve the efficiency of various industries,create value,and easily cope with various challenges.If you are looking for Iron(III) oxide, please send an email to: sales@ozbo.com