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Cold rolled steel prices

Cold rolled steel by ROGO, meanwhile, is a popular type of steel that is formed at cool temperatures. It has a very nice smooth surface because of this special process and unlike the feel of hot rolled steel which can indeed be rough. Due to this quality of smoothness and its preciseness after manufacture, cold rolled steel is used for precise applications. For instance, it is used to produce car parts, electronics and metal furniture, as that requires a specific shape and size. Many things can affect the cost of cold rolled steel. Because of supply and demand, mostly. Supply is how much steel there is, and demand is how many people want the steel. If a lot of people want cold rolled steel and very little is available, the price increases – because it is now valuable to have! Conversely, if gi sheet coil there is an abundance of cold rolled steel and few willing buyers, prices will go down as companies are forced to liquidate product.

Factors that influence cold rolled steel prices

Another crucial factor is the front-end price of steel raw materials by ROGO, namely iron ore and coal. They are the necessary materials to make steel and their prices often fluctuate with the market. For instance, if the price of iron ore goes up, it's likely that producing cold rolled steel will also cost more. As well, the price of cold rolled steel can be affected by a large number of other factors: cost of energy, cost of transportation (crude oil or air) and workers pay which will affect final cold rolled product. These factors all combine to determine the cost of cold rolled steel. Looking at the steel options we get on today´s market, there are a lot of choices with different properties & price tags. Some examples are that hot rolled steel is generally a more affordable option as opposed to cold rolled steel. On the other hand, this is coarse and has less precision than cold rolled steel. Galvanised steel, gi coil on the other hand, has a zinc coating that protects the bare steel. This makes galvanized steel more resistant to rust and corrosion, but also less of a bang upfront for the dollar; it is generally higher in cost than cold rolled steel.

Why choose ROGO Cold rolled steel prices?

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