The steel silo industry is price sensitive on the raw material, raw steel material price change will cause the steel silo and auxiliary equipment price change. Here we make a conclusion on the raw steel material price change and give a price expectation in 2017 for your reference. Graph 1: Steel Price Trend during 2011-2016 (unit: RMB/ton) Summarize: 1. Pirce dipped to a low point in 2015, even less than RMB2000/ton 2. Price sharply rose at the start of 2016 and rose fluctuations in the whole year. At the end of 2016, the price is RMB3900/ ton, the price rose around 100%. Price expectation in 2017: According to the 2016 price fluctuations range, estimated 2017 raw steel material price range at RMB2800-4000/ton, the average price will higher than RMB3200/ton. Thus the steel silo price in 2017 will be in line with the price at the end of 2016. And now it is a good opportunity to invest in the silo before the next round of price sharply rises.