National Iron Market is Worsening

According to the current situation of the national cast iron market, the pessimism in the market is still strong. After entering the market, the cast iron market has not rebounded in June but has been worsening. Most markets have frequently cut prices, ranging from RMB 20-50, while the Jiangsu market has the most obvious price cuts. Even the highly favored Xinjiang cast iron market can hardly escape the price drop. At the same time, the summer and summer that are approaching at the same time will also be the main factor that will affect the casting industry into the off-season. Therefore, the market demand for cast iron is still difficult to recover in the short term, so from the current development situation, it may be that the domestic domestic cast iron market has further progress in June. The downside of the market is generally worrying.