Market Trend and Demand - Iran launches rocket Will Affect the Price of 316 stainless steel powder

It is reported that on February 1, local time, Iran successfully test-fired a new domestic satellite carrier rocket "Zoljenah". It is understood that the satellite carrier rocket is the latest research result of Iran aerospace industry. It uses solid fuel and can send an artificial satellite weighing about 220 kilograms into an orbit 500 kilometers from the earth.

As early as April 2020, the Iranian Islamic Revolutionary Guard Corps successfully launched the country first military satellite "Nur-1", achieving a leap forward in its strategic intelligence capabilities. At the same time, because the launch vehicle is similar to ballistic missile technology, the United States and other Western countries have repeatedly condemned Iran for using "ballistic missile technology," while Iran has stated that its actions do not violate international resolutions.

Affected by the Iran launches rocket, the 316 stainless steel powder market is changing rapidly. These changes are indicators of market growth. This year-on-year upward trend in the market indicates that the next February 2021-2026 will show an oval but steady growth. If you are looking for 316 stainless steel powder or buy 316 stainless steel powder in bulk, please send an email to: sales1@nanotrun.com.

The price of 316 stainless steel powder 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 316 stainless steel powder 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 316 stainless steel powder will increase to a certain extent.

Due to changes in consumer demand, import and export conditions, and various investigations on the development of 316 stainless steel powder, the cost of 316 stainless steel powder is constantly changing. Taking into account the current market macroeconomic parameters, value chain analysis, channel partners, demand and supply, the cost of 316 stainless steel powder will also be affected to a certain extent. It is estimated that the cost of 316 stainless steel powder will increase slightly from today to next week.

However, TRUNNANO provides high purity 316 stainless steel powder with steady price. "In order to feedback to old customers, the company is still in full operations to provide 316 stainless steel powder with competitive price." said Olina, sales manager of TRUNNANO.

About TRUNNANO

TRUNNANO (aka. Luoyang Tongrun Nano Technology 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 316 stainless steel powder manufacturer, Luoyang Tongrun 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 316 stainless steel powder, please send an email to: sales1@nanotrun.com

OR go to the following link: nanotrun.com