On May 23, 2018, the government of Dainan Town posted an announcement at The Conference for Rearranging and Closing Stainless Steel  Intermediate Frequency Furnace of Dainan that all operating furnance in Dainan Town must be shut down on 0:00 a.m. of May 24, 2018, as well as all furnance in Taizhou, Jiangsu Province. The announcement has a significant influence in stainless steel fastener manufacturers of Dainan. The price of stainless steel in the market increased by 1000 Yuan per ton.