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How does the fastener industry choose raw materials?
Selection principle The selection of stainless steel materials is mainly considered from the following five aspects. 1. Requirements for the mechanical properties of fastener materials, especially strength; 2. The requirements of working conditions on the corrosion resistance of materials;
Metal prices are rising steadily, market sentiment is optimistic
After the holiday, metal prices rose steadily. Most of the market sentiment is optimistic. Encouraged by China’s April Purchasing Managers’ Index (PMI) data, Barclays’ economists believe this is the beginning of an economic recovery. In particular, data released by CLSA on the same day stated that PMI had returned to above 50 for the first time since August 2008. Industrial orders also indicate that output will increase further in the coming months.