Raw Material Prices Rise Continuously, Driving Industrial Process Upgrading

The prices of core raw materials for metal storage racks kept rising in June, bringing cost pressure to manufacturing enterprises. The average price of 304 cold-rolled stainless steel plates increased year-on-year by 7.3%, while the quotation of cold-rolled steel sheets rose steadily, pushing up the production cost of metal storage products. European raw material prices also increased synchronously with higher alloy surcharges. Leading manufacturers actively respond to cost fluctuations through long-term fixed-price orders, optimized material layout laser cutting technology, and improved scrap recycling systems. Advanced production processes raise the steel utilization rate from 85% to over 92%. The continuous cost pressure accelerates the elimination of low-end and low-quality products, effectively optimizing the industry structure and further highlighting the competitiveness of manufacturers with sophisticated craftsmanship and reliable product quality.