The War in Iran Has Influenced Fluctuations in The Prices Of Color-coated Steel Coils.

Factors Influencing Steel Coil Price Fluctuations: Macroeconomic Front: External geopolitical tensions may escalate further next week, causing uncertainty to soar; domestically, the macroeconomic stance remains in a "wait-and-see" mode, with an overall cautious sentiment prevailing. Supply Side: Hot metal output rebounded by 69,500 tons to reach 2.2818 million tons; meanwhile, the combined output of the five major steel product categories increased by 188,500 tons to 8.3982 million tons, indicating that production levels continue to trend upward. Demand Side: Total inventory for the five major steel categories declined by 286,600 tons to 19.4623 million tons; apparent demand rebounded by 704,000 tons to 8.6848 million tons, and is projected to continue rising in the coming period. Raw Materials Front: Influenced by the international geopolitical landscape and exchange rate fluctuations, iron ore prices retain short-term support; spot prices for coal and coke are anticipated to rise-exhibiting significant volatility-thereby providing strong support from the raw materials sector. Consequently, prices for color-coated steel coils were raised by RMB 30–50 this week; additionally, due to the ongoing conflict, ocean freight rates continue to surge significantly. As the Jingtai factory specializes in exporting PPGI, PPGL, GI, and GL products, please do not hesitate to contact us if you have any specific requirements.