Whether fluctuations in wire rod prices will affect the sales of Wire Hanger
In late November, due to the influence of Sino-US trade, the price of domestic steel wire rods increased slightly, and the prices of metal materials continued to rise slightly.
Due to the fluctuation of the price of steel wire rod, the production of Wire Hanger products is affected to some extent, and the price is not easy to grasp, which directly affects the final ex-factory price of the hanger.
Wire Hanger's final raw material is drawn from wire rods, also called wire rods, usually referred to as small diameter round steel in a disk; it is a small branch of steel.
However, due to the volatile price of the steel market, it will directly affect the price of Wire Hanger. For some time to come, steel prices will continue to fluctuate for a while.
Due to the small increase in the price of steel wire rods, not only the price of Wire Hanger was affected, but also all metal wire mesh products such as Galvanized Wire, Gabion and Expanded Metal Mesh were subject to price fluctuations.
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