The role of resources allocation in blind flange market is becoming more and more obvious
Demand in the downstream is lagging behind, production of blind flanges is only increasing, and the general wait-and-see situation of iron and steel traders makes the market depressed both inside and outside, exports are decreasing, production is rising, and contradictions are still intensifying. On the export side, the trade barriers of other countries to China's steel products are still increasing, trade frictions are becoming more and more intensive, and the recovery of European economies is difficult, etc. All of these have brought adverse factors to China's steel exports. In a word, the road of China's export is not optimistic in the future, and the reduction of steel exports. It is bound to reduce the confidence of domestic businessmen, optimistic values or will drop sharply, the upward movement of flange is also extremely unfavorable.
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