Factors Affecting the Quotation of Raw Materials for Stainless Steel Pipe Fittings

There are many factors that affect the quotation of raw materials for stainless steel pipe fittings. When market demand is lacking, the economic environment at home and abroad is undergoing endless changes, which will also have a deepening impact on the production and operation activities of small and medium-sized companies. From a world perspective, the deep impact of the world financial crisis has not been eliminated, the world economy has not entered a virtuous circle of steady growth, and the turmoil in the world's financial malls and commodity malls has increased, The developed countries lack the impetus for economic growth, demand is weak, all kinds of trade conservatism are held high, and trade conflicts and conflicts are aggravated.

The price of raw materials for stainless steel pipe fittings fluctuated greatly from the domestic perspective, mainly due to the strengthening of cost and environmental constraints. The price of bulk raw materials still rose too fast, and the cost of production factors such as labor force made rapid progress. Affected by the world oil price and domestic price rise, the price of steel fluctuated greatly. In the face of these short-term and long-term difficulties, the internal and external opposition is still very outstanding.

The fierce competition has led to a decline in profitability. The metal pipe fitting profession is a labor-intensive profession. The company's planning is generally relatively small, and the degree of professional convergence is very low. Influenced by the global shopping mall environment, domestic (local) small and medium-sized pipe fitting companies are emerging like mountains and plains. The market competition is becoming increasingly fierce, and the professional profits are declining.