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.
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.
Procurement Resource provides prices of Cold Rolled Sheets for several regions around the globe, which are as follows:
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.
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.
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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).