The first and most fundamental reason is our reliance on Australian iron ore imports. Over the years, the price of highway guardrails has risen or fallen sharply. There is a regularity. If the relationship with the United States is better, it will fall, and the relationship with the United States will rise. As we all know, Australia is the younger brother of the United States. my country recently announced an indefinite suspension of economic dialogue with Australia. Australia can only use iron ore to return blood. The current iron ore price is at the highest point in nearly 10 years.
Second, futures, environmental protection, and strong downstream demand. The futures price is not the culprit, but it is also the culprit. The increase in funds also has an impact on the rise in steel prices. In order to achieve the goal of carbon peaking and carbon neutrality, the environmental protection production limit of steel plants also has a small impact on the price of corrugated guardrails. The balance of supply and demand in the market will also affect the price factor. It cannot be said that the rare is the most expensive. When the demand is greater than the supply, the price of the corrugated guardrail will definitely rise.
Third, the huge amount of money printing by the United States has caused global inflation.

Various reasons are superimposed, causing the price of highway guardrails to rise wildly