Steel Prices Rose! Great Impact on the Crane Industry

From December 19th to December 21st, China suffering a terrible poison fog weather, public kinder gardens and middle schools are closed to rest at home, reduce outside activities, there are less people on the street, everybody take protection mask with only eyes outside, only three days, the hospital patients is increasing rapidly, most of them are lung problems, especially children.

The following are real photos in the past three days.

Terrible poison fog

Terrible poison fog

Terrible poison fog

Terrible poison fog

After that, China government and all people realized it is time to do something.

  1. Now China first level cities have realized odd-and-even car license plate rule, but there are still some violators, China Government will specially give sever penalty.
  2. China Government will close some heavy industries, while steel plants are in the first line to be closed in the coming new year.
  3. People will advocating environment protection, take public bus or subways instead of personal cars, walk and bikes will be the main tools on the street.

We should be happy to hear the above news, because it is good for our heath and happy life, but we also noticed that the crane industry will be effected very much, since there will be less steel plants in the coming years, the result is that the steel material price will be higher and higher, which leads to the high cost for crane manufacturing.

This is a signal for all, if you have new crane project in the coming new year, you have to recalculate the budget maybe.

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