Market Trend and Demand The price of iron ore skyrocketed Will Affact the Price of nickel (II) oxide

According to the latest data, in the first half of this year, my country\'s total foreign steel exports increased by 30.2% year-on-year, reaching 37.38 million tons.

In the first seven months, crude steel production increased by 8% from last year to 649 million tons.

At present, Tangshan, a major steel town, has received an "order", and a total of 19 local steel companies will implement a 30% emission reduction requirement in the second half of the year. In addition, in addition to Tangshan, those who received similar requirements also included Shanxi, Jiangsu, Shandong, Anhui, Gansu and other places, but they received a request that the annual output should not exceed last year. In fact, the output in the first half of the year has already exceeded, which means that the production capacity of the above-mentioned steel-making provinces must be reduced in the second half of the year, otherwise it will definitely exceed the production capacity of last year.

In the second half of this year, steel production capacity will be further compressed, while the total steel export volume will also maintain a downward trend. The steel supply gap in the international market will further increase, and steel export prices will continue to rise. As a result, the increase in steel prices will offset the increase in iron ore prices to a certain extent.

Affected by The price of iron ore skyrocketed, lithium hexafluorophosphate rises,the nickel (II) oxide market is changing rapidly. These changes are indicators of market growth.This year-on-year upward trend in the market indicates that the next November 2020-2026 will show an oval but steady growth.If you are looking for nickel (II) oxide or buy nickel (II) oxide in bulk,please send an email to: sales@ozbo.com

The price of nickel (II) oxide continues to be affected by factors such as market growth momentum,various opportunities and challenges.However,during the forecast period from 2020 to 2026,the global nickel (II) oxide sales market is expected to continue to be above average.The growth rate will continue to increase.It is expected that from today to next week,the price of nickel (II) oxide will increase to a certain extent.  

Due to changes in consumer demand,import and export conditions,and various investigations on the development of nickel (II) oxide,the cost of nickel (II) oxide is constantly changing.Taking into account the current market macroeconomic parameters, value chain analysis,channel partners,demand and supply,the cost of nickel (II) oxide will also be affected to a certain extent.It is estimated that the cost of nickel (II) oxide will increase slightly from today to next week.

However,Ozbo.com provides high purity Nano nickel (II) oxide with steady price.In order to feedback to old customers,the company is still in full operations to provide nickel (II) oxide with competitive price.said Olina,sales manager of Ozbo.com.

About Ozbo.com

Ozbo.com (aka.Tanki New Materials Co.Ltd.) is a trusted global chemical material supplier & manufacturer with over 12 years experience in providing super high-quality chemicals and Nanomaterials. As a leading nanotechnology development and nickel (II) oxide manufacturer,Tanki New Materials Co.Ltd dominates the market.Our professional work team provides perfect solutions to help improve the efficiency of various industries,create value,and easily cope with various challenges.If you are looking for nickel (II) oxide, please send an email to: sales@ozbo.com