Industry believes that, as raw materials, iron ore, freight and other costs continue upward, the wire rod, wire rod price adjustment are not fully reflect the cost price, the main test of the competitiveness of enterprises downstream of fasteners, the second quarter is still expected in 2008 a hike in the room.
Supply of fastener enterprises rod, wire since 2007 has been a significant price adjustment in the fourth quarter, the highest average prices of 900 yuan per ton. Industry said iron ore as raw material, freight and other costs continued skyrocketing, the wire rod and wire are not fully reflect the cost price, the main test of the competitiveness of enterprises downstream of fasteners, is still expected rises in the second quarter of 08′s space.(…)
