316 stainless steel coil wire price
The environmental supervision in Jiangsu has been strictly carried out from Chinese government , including Jiangsu Dai Nan Town and Xiang Shui county, in which the local pillar industry stainless steel production and downstream processing enterprises have been overhauled and even stopped production which directly affected 316 stainless steel coil wire price
The monthly output of stainless steel in the Dai Nan area is about 100 thousand tons, which accounts for 5% of the national stainless steel crude steel production in the country, the monthly output of the wire rod is about 20 thousand tons, the other profiles are nearly 5-6 million tons, and some of the production of the strip is also produced.
Therefore,the output of stainless steel products like the common products 316 stainless steel coil wire has reduced a lot which caused a situation in short supply.
The current increase momentum in 316 stainless steel coil wire price will continue in the near future.
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