The reasons for the sharp rise in H steel prices and their impact on the construction industry.

2024/09/30 09:45

Recently, the H steel market has experienced a significant price increase, which is mainly driven by several key factors. Firstly, the global increase in raw material prices, especially the rising prices of iron ore and coke, has directly pushed up the production cost of H steel. Secondly, with the gradual recovery of the global economy, the demand for H-steel in the construction industry has increased, especially in the fields of infrastructure construction and real estate development. In addition, supply chain disruptions and rising transportation costs have intensified the upward pressure on H steel prices.

The skyrocketing price of H steel has had a profound impact on the construction industry. On the one hand, the increase in construction costs may lead to project delays or budget overruns, affecting the profitability of the construction company. On the other hand, the high price of H-beam may also prompt the construction industry to seek alternative materials or optimize designs to reduce costs. However, this transformation may require time and technical support, and the construction industry will still face cost pressures in the short term.


The reasons for the sharp rise in H steel prices and their impact on the construction industry.

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