On June 16, China Iron and Steel Industry Association released the monthly industry report in May, although it has entered the peak season of steel consumption, but as steel production continues to maintain a high level, and steel demand growth slows down, steel prices in the later market will fluctuate. . In May, the demand for steel in the market was strong, social stocks continued to fall, the prices of raw materials remained high, and steel prices rose slightly. At the end of May, China Steel Industry Association's CSPI steel comprehensive price index was 135.93 points, up 1.20 points month on month, or 0.89%, down 1.78 percentage points from the previous month. Compared with the same period of last year, the steel comprehensive price index rose by 15.49 points. 12.86%.   The China Iron and Steel Association pointed out that the main issues that need to be addressed in the later market include the reform of energy and resource product prices, which will push up production costs. Since June 1st, the National Development and Reform Commission has raised the price of electricity sold by 15 provinces (municipalities) such as Shanxi, and will introduce new pricing mechanisms for refined oil products and price reform measures for resource products such as ladder water and electricity prices. It will also be raised, and the production costs of enterprises will face greater upward pressure. At the same time, monetary policy will continue to tighten and corporate capital pressures will rise. In May, CPI and PPI rose by 5.5% and 6.8% respectively, and the overall price level was not optimistic. On June 20, the central bank raised the RMB deposit reserve ratio of deposit-taking financial institutions for the sixth time in the year, and the adjusted deposit reserve ratio has risen to 21.5%. As monetary policy tightens, corporate financial pressures will rise further. The China Steel Association monthly report shows that steel production capacity is released rapidly, and the market supply and demand situation is still severe. From January to May, the national crude steel output increased by 8.5% year-on-year, 0.2 percentage points faster than that of the first four months. The average daily output of crude steel in the first five months was over 1.9 million tons, and the production capacity of crude steel was released faster. Market supply and demand contradictions. Iron and steel enterprises should grasp the changing situation of market demand, adjust the production rhythm and product structure in a timely manner, and maintain the stable operation of the steel market price.  

Vertical Tower Panel Grow Light

The Vertical Tower Panel Grow Light with 220-223lm/w High Brightness Chip~Up to 2.4-2.7umol/J High Photon Efficiency. 98% Lighting Transmittance with Tempered Glass Lens, Average PPFD 15% Increased, Uniform Coverage: All place get the similar PPFD. Average coverage for better yield. 120 Degree Beam Structure .Convenient and quick installation. This is a Grow Tower Hydroponic System, the 600w*3 Grow Light Panel and Grow Tower together. This 1800w UV IR LED Grow Light average intensity of illumination is high because 3 grow light board evenly surrounded around the Grow Tower.

600W Led Grow Light,Led Panel Grow Light,Growing Lights For Indor Grow,Grow Lights

Shenzhen MixLux Technology Co., Ltd , https://www.mixluxled.com