Challenges Facing the Global Galvanised Steel Market The global steel market faces multiple challenges, with price volatility in raw materials being a significant issue. Essential commodities like iron ore, steel, and zinc are responsible for the production of galvanised steel, and due to these raw materials, the galvanised steel price is affected, which makes it…
Introduction Furnace oil, also known as burning oil or industrial oil, is a type of fuel used to provide heat and energy in industries and furnaces. Furnace oil prices are influenced by many factors, including global oil prices, supply and demand dynamics, and economic conditions. In this blog, we will discuss today’s furnace oil prices…
Introduction In order to run the machining business successfully, calculation of product cost is important. CostMasters’ Manufacturing Cost Estimation Software helps you effectively estimate the cost of your machining processes. In this blog post, we will tell you how our software can help you reduce your costs and increase profitability. Benefits of Manufacturing Cost Estimation…
The galvanised steel market is experiencing promising global growth, with its value increasing from USD 98.80 billion in 2023 and reaching an anticipated USD 166.09 billion by 2032 at a CAGR of 5.9%. A layer of zinc coats the galvanised steel, preventing it from corrosion and making it essential in various applications. The galvanising process…
Why Rubber Prices are Increasing? Adverse Climate Condition Excessive rainfall in major rubber-producing nations such as Thailand and Vietnam is disrupting production and causing global supply shortages, which are driving up natural rubber prices. Similarly, heavy rainfall in Kerala is expected to impact domestic rubber production. Delays in Imports A surge in Chinese exports has…