Global price trend of steel wire rope conveyor belts: Regional differences emerge amid supply chain adjustments

In the Asia-Pacific region, with the vigorous development of infrastructure construction, especially the increased investment in mining, ports, and other fields in countries like China and India, the demand for wire rope conveyor belts is strong, driving prices to rise steadily. In the first half of 2025, China's export value of wire rope conveyor belts increased by 22.09% to 141 million US dollars, and the average export price rose by 2.06% to 2,715 US dollars per ton, reflecting the vitality of the regional market. In Europe and America, affected by trade protectionism and geopolitical games, the regionalization of the supply chain is prominent. On the one hand, the policy of manufacturing return has led some enterprises to produce locally, increasing production costs and thereby driving up Conveyor Belt prices; on the other hand, the slowdown in economic growth and weakened demand have exerted downward pressure on prices, causing significant fluctuations. Additionally, in emerging markets such as Southeast Asia and the Middle East, due to labor cost advantages and industrial transfer, the production capacity of conveyor belts is gradually increasing, and they are seizing the market with price advantages, forming a differentiated competitive landscape with traditional markets.