Late 2017, Cast Iron Pipes&Fittings Market Trends-Dinsen20170801

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Late 2017, cast iron pipes&fittings market trends-Stop,Rise,Tight

2017 cast iron pipes&fittings market is tight: Government departments environmental


scrutiny in Hebei, Shandong, Shanxi and other places of foundry and related accessories
factories have been affected in varying degress. Casting market demand remains strong,
costs and materials price rise, all will lead to cast iron pipes&fittings price continued to rise
3%-5%. I think it can use three words to describe the second half year of cast iron
pipes&fittings market, Stop, Rise, Tight following one by one to answer them.

Stop-strict supervision of environmental protection led to foundry stop production


trend
July 2017, after new Environment Minister Li ganjie taking office, he immediately put the
environmental protection supervision new ideas of "five steps" to enhance environmental
law enforcement, substandard enterprises to carry out rectification, canceling business
qualification of small enterprises with heavily pollution. The impact on the casting industry is
giant and many small foundries will no longer exist. What is more, since July environmental
supervision will not stop until the end of the year! Because in August,September major
conferences held, after October into the heating period, limited productionss&shut down
will become inevitable. Environmental rectification, enterprises invest millions of money to
buy dust removal equipment, the cost rises large. We hope all buyers &friends
understanding, price increasing is really forced!

Rise -raw materials and cast iron pipes&fittings price keep rising trend

High pressure of environmental protection storm led to further compression capacity, a new
wave of price increases has quietly opened. Recently cast iron and ductile iron prices
continued to rise 2% -5%, mainly due to soaring prices of raw materials and low inventory or
negative inventory. Coke rose 3%, carton rose 20%, pig iron price trends to rise back to 3000
RMB/ton. Large demand for scrap price rising is inevitable, chemical plants, mine production
is also affected, electrodes, coal, epoxy resin ,silica sand and other casting materials prices
are rising too.
Tight- raw materials and cast iron pipes&fittings shortage tight trend
Foreign raw materials manufacturers striked, Chinese Government closed a large number of
small &medium materials factories and foundries. It is proved that one-third of cast iron
industry has stopped production,the remain enterprises productivity decreased due to hot
weather and the continuous rectification of the workshop. At present,many factories have
already begun to arrange new orders in October, August and September orders are full. In
accordance with the environmental requirements last year, some unqualified enterprises will
be limited from November 15 to next March 15, qualified enterprises to choose peak cut-off.
Next year Chinese Spring Festival factory is expected from February 1 to March 1,
reproduction and delivery is estimated at the end of March or early April, so the current cast
iron pipes&fittings production is quiet serious and tight.

As one of the major suppliers for cast iron pipes&fittings in China, our monthly
supply is 1000 tons of cast iron pipes and 100 tons of cast iron pipe fittings, timely
delivery to 99% of new and old customers. All buyers and friends, if you need to
buy cast iron pipes and accessories, please make plans as soon as possible, our
company will according to market demand to produce and inventory in advance,
thanks.

Company: Dinsen Impex Corp


Add:NO.70 Renmin Road,HandanHebeiChina
Tel: 0086-310-8906676
Fax: 0086-310-3252086
Mobile&WhatsApp&Wechat:(0086)15830737600
Email: alice@dinsenmetal.com info@dinsenmetal.com
Website: http://www.dinsenmetal.com/

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