The price of stainless steel wire is keeping rise due to environmental protection supervision in China

Recently, a round of serious environmental protection supervision is spreading at Dainan,Jiangsu where the famous town of stainless steel in China. This situation caused rising cost of enterprise production and pickling, and Qingshan part of equipment failure, electricity tension causes such as the shortage of resource supply more of the bar.

It is reported that the price of Qingshan stainless steel bar rose $190/ton on 23rd. The price of stainless steel wire has increased by $158/ton. Due to the limited supply of overall resources, much of steel factory will also raise the factory price of stainless steel rod wire successively on 24th.

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