Key Factors Influencing the Prices of Steel Raw Materials
1. Global Supply and Demand Dynamics Industrial Demand: Steel consumption is heavily tied to construction, automotive, and manufacturing sectors. Economic booms increase demand, while recessions depress it. Supply Constraints: Disruptions in mining (e.g., iron ore in Australia/Brazil) or geopolitical events (e.g., war in Ukraine affecting coking coal) can tighten supply. 2. Cost of Key Inputs Iron Ore: […]
The Importance of CNC CAD Model Design
CAD design means Computer-Aided Design. The CAD design of a 3D or 2D solid part is the first step of a CNC machining process. You can do it with your in-house CAD designer, or you can take help from a professional CAD design agency. A CAD design software such as Autodesk is necessary to create […]
