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Argon price rocketing, stainless steel industry meets extreme trouble in China
Recently, argon price is rocketing from RMB50 to RMB120， heavily pounding at the local stainless steel processing industry.
It is well know that argon is the best medium material for welding stainless steel. Without it, high quality food grade and pharmacetical grade equipment will be impossible to be finished.
The great price change is caused by the limited supply of argon. It will a long period of process and we estimate that prices of stainless steel equipment will be rocketing by 50% or more based on the present level.