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.
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.
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.
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).
We aim to provide one-stop solution for all procurement and sourcing information by engaging newest form of technology and methodology. Our team of analysts offers compete and all-round support and are ready with answers to any questions related to the reports after they are purchased by our clients.
Procurement Resource supports its clients with highly customised reports that are created focussing on their needs and requirements. We also provide our clientele with specialised assessments and evaluations for their procurement team which help them take timely decisions and strategize their plan of actions according to the present need of the market.
We follow an extensively results-driven approach to provide our clients with superior quality solutions and most newly gathered information that helps our clients to attain procurement brilliance. Our team of experts concentrate on presenting both qualitative aspect and accuracy of the report.