Imports of sheet metal prices have been implicated in the office file cabinet industry

For a variety of reasons, the price of iron ore have been continued to rise this year. China mainly imports it from Australia and Brazil. Due to the resource reduction, national policies, exchange rates, transportation costs and other reasons, the price of iron ore is different from the other years, this year/s price has increased by at least 50%.

The shortage of materials and the increase of import costs will inevitably lead to the rise of steel plate prices. In this case, steel storage cabinets with steel plate as raw materials have to raise prices, like a "tough decision". Due to the increase of raw material costs, the cumulative price of steel plate 3 times increased by 50% in the past 2 months. However, the recent price has fallen slightly, the specific price range will stabilize remains to be seen.

The Filing cabinets manufacturer have to share the risk. The rise of steel plate prices have greatly affected the price of storage filing cabinets. In the office file cupboard industry, manufacturers have had to raise the prices of metal cabinet sharply.