Expected rise in raw materials (EN877 cast iron pipe)

The pig iron market price this week is strong, and the transaction is general. The price of the main production area is as follows: iron L8-L10 Linyi up 60 yuan/ton to 3330 yuan/ton, Linfen up 50 yuan/ton to 3350 yuan/ton; Cast iron Z18 Linyi rose 60 yuan/ton to 3530 yuan/ton, Linfen rose 30 yuan/ton to 3550 yuan/ton; Ductile iron Q10 Linyi rose 50 yuan/ton to 3600 yuan/ton, Linfen rose 30 yuan/ton to 3520 yuan/ton, cash including tax.

Second, the domestic pig iron main production areas market analysis

East China region: This week East China market pig iron prices higher adjustment, transaction average. At present, Linyi market steelmaking pig iron L8-10 mainstream reported 3330 yuan/ton, up 60 yuan/ton from last week; Linyi cast pig iron Z18 reported 3530 yuan/ton, up 60 yuan/ton from last week, Changzhou cast pig iron Z18 reported 3610 yuan/ton, up 30 yuan/ton from last week; Linyi ductile iron Q10 mainstream quote 3600 yuan/ton, up 50 yuan/ton from last week, Changzhou ductile iron Q10 reported 3540 yuan/ton, up 20 yuan/ton from last week, the above are cash including tax. In terms of the market, the current loss of pig iron enterprises is expanding, the willingness to increase is strong, some merchants have been increasing their offers, and the market has few low-price resources, but after the rise, the high price transaction is waver. In terms of cost, coke is expected to rise, iron ore is running strongly, raw material costs continue to increase, and the price support for pig iron is strong. In terms of demand, the cost performance of scrap steel is higher than that of pig iron, and the downstream casting enterprises have limited demand for pig iron, which is still mainly based on just-needed procurement. Overall, the cost of raw materials is still expected to increase, so it is expected that the market price of pig iron in East China will continue to run strongly next week.

North China: This week, the price of pig iron in North China rose in a narrow range, now Linfen casting pig iron Z18 quoted 3550 yuan/ton, up 30 yuan/ton from last week, Wu 'an ductile iron Q10 quoted 3490 yuan/ton, up 40 yuan/ton from last week, Linfen ductile iron quoted 3520 yuan/ton, up 30 yuan/ton from last week, Tangshan steelmaking pig iron L8-10 quoted 3110 yuan/ton, up 20 yuan/ton from last week, the above are tax inclusive prices. In terms of the market, the black system is strongly shaken in the week, and the coke increase scope is expanded, which boosted the pig iron quotation slightly higher, but the downstream demand is limited, and the transaction is still concentrated in the low-price resources. At present, the cost of raw materials remains high in the short term, and pig iron prices are easy to rise and difficult to fall, so it is expected that the North China pig iron market will be stable and strong next week.

Overall, the cost of raw materials is still expected to increase, and the price of pig iron in the northwest pig iron market continues to operate mainly in the short term.

Since the increase in raw materials will lead to the increase in the price of BSEN877 Cast Iron Pipes, we will increase the price according to the market situation. If you need SML Cast Iron Drainage System, please feel free to contact me