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The price of stainless steel flange in China will fluctuate slightly

2019-02-28 15:41:57   COMMENT:0 HITS:
  Because of the serious imbalance between supply and demand, the price of stainless steel flange has remained stable and weak. This reflects the current Forging DIN 86030 Pn16 Stainless Steel Slip-on Flange industry supply surplus, demand decline, market investors pessimistic mentality. At the same time, banks began to tighten their monetary base, reduce loans to the iron and steel industry, indirectly adversely affect the upstream and downstream of iron and steel, and some stainless steel flange enterprises are difficult to survive .

  Therefore, stainless steel flange can be predicted that under the influence of such factors as falling export price, deteriorating export environment, decreasing domestic demand and increasingly fierce competition, the elimination speed of the stainless steel flange industry will be accelerated, and it will be difficult for some enterprises with backward production capacity, single product and lack of funds to persist in such a disadvantageous environment.

  The differentiation of profitability of stainless steel flange enterprises will accelerate the re-arrangement of industry order. Because once the list has been published, the Ministry of Industry and Information Technology has not explicitly indicated that enterprises outside the list should be eliminated, but these stainless steel flange enterprises will face the intervention of differential credit and differential hydropower policies. This is known in the industry as the Ministry of Industry and Information Technology in a disguised way to raise the threshold of the steel industry.

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