Market Trend and Demand The steel sector continues to rise Will Affact the Price of nickel (II) oxide

Zhitong Finance APP learned that on July 21, affected by the news of strong steel prices, the A-share steel sector continued to rise. 

As of press time, Baotou Iron and Steel (600010.SH) has a daily limit; Yongxing Materials (002756.SZ) rose by more than 8 %; Shougang shares (000959.SZ), Yongjin shares (603995.SH), Shengde Xintai (300881.SZ), Shandong Iron and Steel (600022.SH), Fushun Special Steel (600399.SH) and other stocks rose.

The GF Securities Research Report said: In June, my country\'s construction industry demand for steel remained resilient. It is expected that in the short term, environmental protection policies and low steel profitability will promote supply contraction, steel supply and demand will be tightly balanced, monetary policy marginally loose, steel prices will be strong, coke and imported ore prices will be weaker and stronger, respectively, and steel profitability is expected to improve. The supply and demand pattern in 21H2 is expected to be stable and improving. The steel price trend may be stronger than the raw material price trend. The profit of steel is expected to continue to increase month-on-month, and the improvement in earnings is expected to bring the valuation of the steel sector to repair.

Affected by The steel sector continues to rise, 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