The raw material price of stainless steel soars in the past four months! China imports 99% Nickel from Indonesia to produce stainless steel, but Indonesia bans the Nickel ore export in January this year! The worst thing is not only pricing increasing, but it is hard to buy material now and will be in arather long time!
At the mean time, Chinese government controls strictly on the production regulations regarding environment protection. All products are involved to increase cost.
We try to keep your price stable but now the situation is too bad and our company can not bear any more.