Main factors affecting SS400 material price, SS400 price

SS400 material is an important commodity related to national economy and people's livelihood. SS400 material price fluctuation is affected by many factors. Specifically, the following four aspects are the main factors affecting SS400 price fluctuation.

1. Economic situation
From a global perspective, SS400 material demand continues to grow with the development of the world economy. That affects SS400 material price. It can be said that the development of SS400 material affected by the economic cycle is relatively obvious. When the national economy is in a period of rapid growth, the demand for SS400 material is strong, SS400 price rise; when the national economy enters a period of adjustment, SS400 material price will also fall.

2. Cost situation
At present, 2/3 of the world's steel production use iron ore as the basic raw material. Therefore, the change of iron ore price is the key factor affecting the production cost of SS400 material etc. iron and steel products. At the same time, the energy consumed in the production and operation of the SS400 material, such as water, electricity, gas and the transportation of steel products and goods, also constitute the operating costs and profitability of SS400 material.

3. Supply and demand situation and expectation
The market price of any commodity has a close relationship with supply and demand, and SS400 material price is no exception. Therefore, investors should pay close attention to the supply and demand of SS400 material and analyze steel SS400 price trend.

4. Technical level
Technology level is one of the important factors that affect SS400 material price. The impact of technological progress on SS400 material price mainly comes from three aspects: first, the impact on the production process, and then on the production cost; second, technological progress leads to the production of SS400 material substitutes, thereby reducing the demand for SS400 material; third, technological progress leads to the substitution of SS400 material for other materials, thereby increasing demand for SS400 material.