The price of bathroom hardware has risen slightly again in early March 2008 after a wave of increases in the fourth quarter of 2007. Since 2007, the international copper price rose by 66%; The starting price of copper in London futures trading business rose from the initial $1800 / ton of this round to $7300 / ton, a cumulative increase of more than 300%; The production of stainless steel required by the metal processing nickel and other metal materials prices have risen substantially; Starting IN May 2008, CERAMIC ENTERPRISES HAVE RAISED PRICES, porcelain chip average increase of 8.6%, domestic market hardware processing. Local out of stock; Baosteel and Australia's Rio Tinto, one of the world's leading iron ore producers, agreed on the benchmark iron ore price for 2008, Rio Tinto's PB powder ore, Yang Di powder ore, PB block ore will rise 79.88% 79.88% and 96.5% respectively in 2007 on the basis of price, this result will undoubtedly push the domestic iron and steel enterprises to an emergency critical moment... These figures can be said to be shocking, hardware processing industry raw material prices in the increase from time to time, hardware processing products high running is not surprising

It has always had the advantage of low cost of raw materials and labor for manufacturing tools and hardware processing. For many years, China has been the world's largest steel producer and the most populous country in the world. In recent years, the export has maintained a steady growth trend, making China become one of the major importers of the world's tools and hardware products. But follow the regulation of national macro policy, the main raw material of steel prices have risen sharply, the countries to reduce the import tax rebates, as well as the influence of the international situation, the common currency appreciation from time to time, near plus "labor contract law" in 2008 the implementation of labor increase interest, increase of collecting manufacturing condition gradually worsened, The impact on the labor dense hardware processing industry is particularly significant. The development trend of domestic hardware industry is not optimistic, even can be said to be more severe.