The price of angle steel is influenced by multiple factors. The primary factor is the cost of raw materials, mainly steel billets. Fluctuations in the prices of iron ore and coke, which are essential for steel production, directly impact the cost of steel billets and, consequently, angle steel. Manufacturing processes also play a role; hot - rolled angle steel is generally less expensive than cold - formed angle steel due to differences in production costs. Market demand and supply conditions are crucial. When the demand for construction, manufacturing, or infrastructure projects is high, the price tends to increase. Additionally, transportation costs, government policies, and international trade situations can affect the price.