At the start of 2025, wireRod (hotRolledCoil) prices experienced significant fluctuations. Prices dropped from ¥3,500/ton to ¥3,420, followed by a rebound to over ¥3,480 due to rising market demand. While recent trends show slight adjustments, forecasts suggest further increases driven by recovery in construction and rising manufacturing orders.
Impact on the Fastener Industry?
Raw material price fluctuations directly affect bolts, nuts, and screws costs and lead times. For #fastener buyers, securing a reliable supplier is key to minimizing risks.
How to Ensure Supply Stability?
At Hebei Union Fasteners Co., Ltd., we specialize in high-quality fastener manufacturing and maintain long-term partnerships with leading steel mills. Our proactive supply chain management ensures stable material supply, helping customers navigate market fluctuations while maintaining cost efficiency.
How is your business handling wire rod price volatility? Let’s discuss in the comments!
#FastenerIndustry #Hardware #SteelMarket #SupplyChain #Manufacturing
Post time: Feb-24-2025