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Cold rolled sheet Price Trend
Cold rolled sheet Price Trend
The Chinese domestic market continued to improve on March 1, 2022. The national cold-rolled market's average price was 5,516.67 RMB/MT, up 0.67 percent from the previous trading day.
The price of iron ore increased dramatically in the first week of March 2022, rising by 43-54 RMB/MT. The amount of iron ore sent to the port in the last week of February declined by 2.08 MMT from the previous month, and the supply was reduced. Weather-related declines in overseas ore shipments persisted in February. The price of Tangshan steel billets increased marginally. Supply became scarce while the coke market remained high. Transportation in some locations was also hindered as a result of the outbreak. The price of raw materials went up, and the price of steel mills went up much more.
Procurement Resource provides latest prices of Cold Rolled Sheets. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
Chart Description:
Procurement Resource provides prices of Cold Rolled Sheets for several regions around the globe, which are as follows:
- North America
- South America
- Europe
- Asia Pacific
- Middle East
- Africa
About:
Cold Rolled Sheets are typically utilised for engineered products where high tolerances, concentricity, straightness and surface condition are required. The term ‘cold rolled’ basically refers to the rolling of flat-rolled sheet and coil products. The production process of cold rolled steel produces steel with closer dimensional tolerances and a broader range of surface finishes. Thus, cold-rolled steel offers superior strength and machinability.
Industrial Uses:
- Industrial machinery
- Architectural components
- Automobiles
- Washing machines
- Refrigerators
Production Process:
- Production of Cold Rolled Sheets via Cooling and Annealing
In cold reduction mills, hot rolled steel is further processed and the material is cooled followed by annealing and/or tempers rolling, thus forming cold rolled steel, which is further processed to obtain the desired product.
Supplier Database:
- JSW Steel Coated Products Limited
- Jindal Stainless Steelway Limited
- Tata Iron Syndicate
- Gaurang Product Private Limited
- Shri Laxmi Steel Suppliers
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
Methodology:
The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).
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