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Market Trend and Demand Rising steel prices enhance the industry prosperity Will Affact the Price of Gallium Nitride

From the beginning of 2021 to the present, the Ministry of Industry and Information Technology and the Development and Reform Commission proposed to reduce steel production throughout the year. Under this expectation, the price of steel in the first half of the year has been rising, and the price of steel in the second quarter showed a pattern of high fluctuations. Judging from the Myspic Steel Price Index, the average value in the second quarter increased by 50% year-on-year. According to a research report by CITIC Securities, steel production restrictions are the general trend. With the official implementation of subsequent production restrictions, steel prices and profits continue to rise in the second half of the year. It is expected that the profits of steel companies in the third quarter are expected to exceed the level of the second quarter.

2021 is the first year of my country "14th Five-Year Plan", and it is also a crucial year to start the new journey of building a moderately prosperous society in all respects and building a modern socialist country. my country economy will maintain the overall tone of a stable and healthy development trend, which provides a solid foundation for the healthy development of the steel industry. The high-end manufacturing industry represented by the military industry, nuclear power industry, high-speed railway and automobile industry will continue to usher in rapid development, which will help the demand for special steel products continue to grow. Shagang said that it will make the company the most competitive in my country through the implementation of measures such as optimizing the structure of existing special steel products, improving quality, carrying out technological transformation, innovating and tapping potential, reducing costs and expenditures, keeping abreast of the market, and optimizing marketing strategies. Special steel production base.

Affected by Rising steel prices enhance the industry prosperity , the Gallium Nitride market is changing rapidly. These changes are indicators of market growth.This year-on-year upward trend in the market indicates that the next November 2020-2026 will show an oval but steady growth.If you are looking for Gallium Nitride or buy Gallium Nitride in bulk,please send an email to: sales@ozbo.com

The price of Gallium Nitride continues to be affected by factors such as market growth momentum,various opportunities and challenges.However,during the forecast period from 2020 to 2026,the global Gallium Nitride sales market is expected to continue to be above average.The growth rate will continue to increase.It is expected that from today to next week,the price of Gallium Nitride will increase to a certain extent.  

Due to changes in consumer demand,import and export conditions,and various investigations on the development of Gallium Nitride,the cost of Gallium Nitride is constantly changing.Taking into account the current market macroeconomic parameters, value chain analysis,channel partners,demand and supply,the cost of Gallium Nitride will also be affected to a certain extent.It is estimated that the cost of Gallium Nitride will increase slightly from today to next week.

However,Ozbo.com provides high purity Nano Gallium Nitride with steady price.In order to feedback to old customers,the company is still in full operations to provide Gallium Nitride with competitive price.said Olina,sales manager of Ozbo.com.

About Ozbo.com

Ozbo.com (aka.Tanki New Materials Co.Ltd.) is a trusted global chemical material supplier & manufacturer with over 12 years experience in providing super high-quality chemicals and Nanomaterials. As a leading nanotechnology development and Gallium Nitride manufacturer,Tanki New Materials Co.Ltd dominates the market.Our professional work team provides perfect solutions to help improve the efficiency of various industries,create value,and easily cope with various challenges.If you are looking for Gallium Nitride, please send an email to: sales@ozbo.com  

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