January CPI falls less than expected as housing prices continue to rise

In terms of PMI of steel industry, it was 48.6% in February, up 4.3% on a month on month basis, indicating that the steel market still rebounded under the influence of Spring Festival. The sub index shows that domestic steel demand tends to improve after the festival, foreign demand continues to increase, steel production rises significantly, social inventory accelerates, raw material prices continue to rise, and steel prices fluctuate upward. It is expected that in March, the supply and demand of the domestic market will become stronger, the speed of going to the warehouse will be obvious, the price of steel will fluctuate upward, and the price of iron ore will continue to run at a high level.so,the nails ,wire mesh,machete and screw  price is rising.


Post time: Mar-05-2021