Stainless eye plates, eye straps, angles are manufactured from 304 or 316 Stainless Steel. When purchasing CLGR® eye plates you can be assured you are receiving a consistently high-quality product, which are commonly used in marine applications, shade structures, wire railings, construction rigging, and general-purpose applications.
High raw material costs: The main raw materials of stainless steel, such as nickel, chromium, and molybdenum, have uneven distribution of resources, and their mining and extraction are complex. The price fluctuations of these raw materials directly affect the production cost of stainless steel.
Complex production process: Some stainless steel varieties, such as 316 stainless steel, require more precise control and higher technical requirements in the smelting and processing processes due to the addition of special elements like molybdenum. This increases the production cost.
High market demand: With the development of the economy, the demand for stainless steel in construction, manufacturing, chemical industry, and other fields continues to grow. Especially in emerging industries, the demand for high-quality stainless steel is increasing, which also drives up the price.
Impact of international market: Global economic changes, adjustments in international trade policies, and exchange rate fluctuations may all lead to changes in the import and export of stainless steel, thereby affecting domestic stainless steel prices.