Market Trend and Demand Steel prices may enter an adjustment period Will Affact the Price of Titanium alloy

The steel industry is undoubtedly the strongest sector in recent months. Wind data shows that as of the close of April 23, the steel (Shenwan) industry index rose 22.88% and 40.88% in nearly 60 trading days and nearly 120 trading days, ranking first among 28 Shenwan first-level industries. .

The continued upward trend of steel stocks stems from the rise in steel prices that has boosted the prosperity of the industry. As of the close of trading on April 23, steel futures such as rebar, hot-rolled coil and wire rod have all set record highs.

The China Iron and Steel Association recently released a report stating that due to the large and rapid increase in the early period, the transmission to downstream industries has become more difficult, and it is difficult for the steel price to continue to rise sharply in the later period, and small fluctuations should be the main reason.

The report believes that due to the rapid and large increase in steel prices since March, downstream steel industries such as shipbuilding and home appliances cannot withstand the continued high steel prices, and it is difficult for steel prices to continue to rise sharply in the later period.

In addition, recently the National Bureau of Statistics, the National Development and Reform Commission, the Ministry of Industry and Information Technology and other ministries and commissions have all mentioned the issue of commodity price increases, indicating that the regulators are paying close attention to the increase in steel prices.

Affected by Steel prices may enter an adjustment period ,the Titanium alloy market is changing rapidly. These changes are indicators of market growth.This year-on-year upward trend in the market indicates that the next November 2020-2026 will show an oval but steady growth.If you are looking for Titanium alloy or buy Titanium alloy in bulk,please send an email to: sales@ozbo.com

The price of Titanium alloy continues to be affected by factors such as market growth momentum,various opportunities and challenges.However,during the forecast period from 2020 to 2026,the global Titanium alloy sales market is expected to continue to be above average.The growth rate will continue to increase.It is expected that from today to next week,the price of Titanium alloy will increase to a certain extent.  

Due to changes in consumer demand,import and export conditions,and various investigations on the development of Titanium alloy,the cost of Titanium alloy is constantly changing.Taking into account the current market macroeconomic parameters, value chain analysis,channel partners,demand and supply,the cost of Titanium alloy will also be affected to a certain extent.It is estimated that the cost of Titanium alloy will increase slightly from today to next week.

However,Ozbo.com provides high purity Nano Titanium alloy with steady price.In order to feedback to old customers,the company is still in full operations to provide Titanium alloy with competitive price.said Olina,sales manager of Ozbo.com.

About Ozbo.com

Ozbo.com (aka.Tanki New Materials Co.Ltd.) is a trusted global chemical material supplier & manufacturer with over 12 years experience in providing super high-quality chemicals and Nanomaterials.As a leading nanotechnology development and Titanium alloy manufacturer,Tanki New Materials Co.Ltd dominates the market.Our professional work team provides perfect solutions to help improve the efficiency of various industries,create value,and easily cope with various challenges.If you are looking for Titanium alloy, please send an email to:  sales@ozbo.com