Late steel prices still have room to go down

Late steel prices still have room to go down
Since the beginning of this year, due to the high level of iron and steel production and the rising demand for corporate financing, iron ore imports have continued to grow rapidly. The iron ore market has shown a trend of oversupply and iron ore prices have dropped significantly. The demand for iron ore will show a weakening trend in the later period, and iron ore prices still have room to go down.
Opinion: Iron ore prices are lowered, and the support for steel prices will also be further weakened. With the end of “Jin Sanyin IV”, the seasonal growth of domestic steel demand is also coming to an end. Therefore, the demand growth in May is lower than that in April. There will be much change. The recent steel price may remain weaker.

Cnc Machining Metal Steel Parts are one of our main products with over 20 years. In manufacturing, computer numerical control (CNC) or simply numerical control (NC) is the automated control of machining tools (drills, boring tools, lathes) by means of a computer, in which a NC machine operates on a piece of material (metal, plastic, wood, ceramic, or composite) to transform it to precise specifications. NC machines combine a motorized maneuverable tool and often a motorized maneuverable platform, which are both controlled by a computer core, according to specific input instructions. Instructions are delivered to an NC machine in the form of graphical computer-aided design (CAD) files, which are transformed into a sequential program of machine control instructions, and then executed.


CNC-like systems are now used for any process that can be described as a series of movements and operations. These include laser cutting, welding, friction stir welding, ultrasonic welding, flame and plasma cutting, bending, spinning, hole-punching, pinning, gluing, fabric cutting, sewing, tape and fiber placement, routing, picking and placing, and sawing.


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