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Raw material price increase in 2021

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  • Steel Raw material price increase in 2021 China fasteners factory
    2021-05-10

    China’s factories decry raw material prices are increasing , it will be more worse than ever 2020 year, caused by Pandemic for shortage of raw materials.And there is not only on material market,but also we are facing the challenge of Shipping costs and freight rates are soaring. Soaring freight rates, cargo container shortages, and port congestion have driven up shipping costs. Lead times have extended so far out, they are unknown.That is all the Supply Chain Chaos.

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