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Market Trend and Demand Steel demand continued to grow in April Will Affact the Price of Niobium Carbide

March and April are in the traditional peak season for downstream construction, and steel demand will continue to rise in April of previous years. Taking into account the rapid resumption of downstream work after the holiday this year, it is expected that the steel demand in April will continue the better situation in late March, but the room for growth may be limited.

On the supply side: On the one hand, environmental protection supervision has become stricter this year, and the output growth of long-process steel mills has been suppressed. In particular, it is expected that environmental protection production restrictions in Tangshan will become normal. On the other hand, as the efficiency of steel mills has improved significantly, the enthusiasm for the production of short-process steel mills is on the rise. The supply side is expected to expand slightly in April.

In terms of inventory: According to My steel\'s research, as of March 25, the total national steel inventory (factory warehouse + community warehouse) was 29,581,400 tons, a month-on-month decline for three consecutive weeks, down 15.9% from the same period last year. Steel inventory in March accelerated weekly decline, The fundamentals of supply and demand in the steel market continued to improve.

Entering April, it is expected that the demand for steel will continue to be in a good situation, the output of short-process steel mills will increase or faster, the supply and demand fundamentals of the steel market are biased, and the inventory is expected to further decline, but the decline may be narrowed. Since the Spring Festival, domestic steel prices have risen significantly.

Affected by Steel demand continued to grow in April ,the Niobium Carbide market is changing rapidly. These changes are indicators of market growth.This year-on-year upward trend in the market indicates that the next November 2020-2026 will show an oval but steady growth.If you are looking for Niobium Carbide or buy Niobium Carbide in bulk,please send an email to sales@ozbo.com.

The price of Niobium Carbide continues to be affected by factors such as market growth momentum,various opportunities and challenges.However,during the forecast period from 2020 to 2026,the global Niobium Carbide sales market is expected to continue to be above average.The growth rate will continue to increase.It is expected that from today to next week,the price of Niobium Carbide will increase to a certain extent.  

Due to changes in consumer demand,import and export conditions,and various investigations on the development of Niobium Carbide,the cost of Niobium Carbide is constantly changing.Taking into account the current market macroeconomic parameters, value chain analysis,channel partners,demand and supply,the cost of Niobium Carbide will also be affected to a certain extent.It is estimated that the cost of Niobium Carbide will increase slightly from today to next week.

However,Ozbo.com provides high purity Nano Niobium Carbide with steady price.In order to feedback to old customers,the company is still in full operations to provide Niobium Carbide with competitive price.said Olina,sales manager of Ozbo.com.

About Ozbo.com

Ozbo.com (aka.Tanki New Materials Co.Ltd.) is a trusted global chemical material supplier & manufacturer with over 12 years experience in providing super high-quality chemicals and Nanomaterials.As a leading nanotechnology development and Niobium Carbide manufacturer,Tanki New Materials Co.Ltd dominates the market.Our professional work team provides perfect solutions to help improve the efficiency of various industries,create value,and easily cope with various challenges.If you are looking for Niobium Carbide, please send an email to sales@ozbo.com  

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