Prices are already at their lowest point since July 2020.
Affected by the Russian-Ukrainian war, the international energy crisis and other international situations, commodity prices continued to decline. The slump in China's steel market has led to large-scale factory shutdowns. Prices are already at their lowest point since July 2020. As the large-scale infrastructure construction is about to start, the autumn of 2022 will usher in the peak procurement period.