How is the price of 304 stainless steel plate affected?
Relationship between raw materials: The raw materials of 304 stainless steel plates are mainly chromium and nickel. The prices of these raw materials play a decisive role in the price of stainless steel plates. The increase in raw material prices will support the price of stainless steel. On the contrary, it will form pressure or become a driving force. Therefore, we must pay attention to the global nickel price trend, as well as the price trend of other non-ferrous metals.
Inventory relationship: Inventory can reflect the current supply and demand relationship in the market. If supply exceeds demand, the price of 304 stainless steel plates will fall, and the inventory backlog will be large. If supply exceeds demand, prices will rise and inventory will become very tight.
Price control by steel mills: Indirect regulation by some large steel mills will also have a partial impact on the price of 304 stainless steel plates. The price of 304 stainless steel plate is not basically the same as the price of ordinary commodities. Its price changes every day, so consumers should find the right opportunity when buying and make a decisive move, because the price may soar the next day, and of course it may fall. . In short, if you want to survive in the stainless steel industry, you must have a clear vision and an ear for everything.