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Standard Plate Price Trend and Forecast

Regional Price Overview

Get the latest insights on price movement and trend analysis of Standard Plate in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

Standard Plate Price Trend for the First Half of 2023

The production of standard plates majorly employs the usage of iron and steel, and thus, its price trend is also dependent on the market trend of iron and steel. In the first quarter of 2023, the iron and steel sectors performed steadily, with a steady rebound in China, but in the second quarter, the market started losing momentum.

Standard Plate Price Trends and Forecast

In the second quarter, the rates of imports of iron and steel in China showed a significant reduction as the demand started to stumble amid the poor performance of the Chinese economy. The domestic rates of production also slid due to the weak movement of the construction and manufacturing sectors. This downward trend was also accelerated by the aftereffects of COVID-related restrictions and a long stretch of New Year holidays. These factors had an adverse effect on the trend of iron and steel and, in turn, led to the downfall in the price trend of standard plates also.

Analyst Insight

According to Procurement Resource, the price of Standard Plate is expected to fluctuate amid weak market sentiments and the plunging situation of the downstream sectors.

Procurement Resource provides latest prices of Standard Plate. 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.

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About

Standard plates are flat, rectangular materials with specific and standard dimensions and properties. They are produced by a variety of different materials such as metals, plastics, or glass and are of standards which are intended according to their industrial use. These plates also serve as the benchmark of accuracy and consistency in measurements which are essential in scientific research and engineering and manufacturing processes.

Product Details

Report Features Details
Product Name Standard Plate
Industrial Uses Material testing, Chemical Analysis, Manufacturing and quality control, Metrology, Optics
Supplier Database Posco, LISCO, Acerinox, Tisco, Baosteel, AK Steel, Jindal, Yusco
Region/Countries Covered Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand

Europe: Germany, France, United Kingdom, Italy,  Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece

North America: United States and Canada

Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru

Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
Currency US$ (Data can also be provided in local currency)
Supplier Database Availability Yes
Customization Scope The report can be customized as per the requirements of  the customer
Post-Sale Analyst Support 360-degree analyst support after report delivery


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).

Assistance from Experts

Procurement Resource is a one-stop solution for businesses aiming at the best industry insights and market evaluation in the arena of procurement. Our team of market leaders covers all the facets of procurement strategies with its holistic industry reports, extensive production cost and pre-feasibility insights, and price trends dynamics impacting the cost trajectories of the plethora of products encompassing various industries. With the best analysis of the market trends and comprehensive consulting in light of the best strategic footstep, Procurement Resource got all that it takes.

Client's Satisfaction

Procurement Resource has made a mark for itself in terms of its rigorous assistance to its clientele. Our experienced panel of experts leave no stone unturned in ensuring the expertise at every step of our clients' strategic procurement journey. Our prompt assistance, prudential analysis, and pragmatic tactics considering the best procurement move for industries are all that sets us apart. We at Procurement Resource value our clients, which our clients vouch for.

Assured Quality

Expertise, judiciousness, and expedience are the crucial aspects of our modus operandi at Procurement Resource. Quality is non-negotiable, and we don't compromise on that. Our best-in-class solutions, elaborative consulting substantiated by exhaustive evaluation, and fool-proof reports have led us to come this far, making us the ‘numero uno' in the domain of procurement. Be it exclusive qualitative research or assiduous quantitative research methodologies, our high quality of work is what our clients swear by.

Subscribe to Unlock Access

  • Price Across Multiple Locations
  • Market Insights
  • Download Data in Excel Format
  • Short Term Price Forecasts
  • Prices of More than 400 Commodities and Utilities

Get in Touch With Us

flag
UNITED STATES

Phone:+1 307 363 1045

flag
INDIA

Phone: +91 1203185500

flag
UNITED KINGDOM

Phone: +44 7537 132103

Email: sales@procurementresource.com

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