At the end of the month, the nodular cast iron plant will usher in a new wave of procurement

Although the current domestic market for ductile iron is still light, some iron mills that have maintained zero inventory for a long period of time have recently had more or less inventories. For a time, the market has fallen into a price quagmire.

Although the cast iron market all over the country have adopted price reduction strategies, due to sluggish demand, the ductile iron factory's shipment rate is still low. Faced with this current situation, Jinmo.com CEO Luo Baihui pointed out that some small and medium sized ductile iron companies cannot compete with large-scale enterprises. Even today, even if the price reduction does not change the shipping rate, these companies should be more than static brakes. Blindly follow market trends. At the same time, Professor Chen also pointed out that the end of this month due to the end of the wheat harvest is bound to have a wave of new wave of procurement, will probably stimulate the ductile iron market. However, the transaction price forecast is still not optimistic.