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One of the primary factors influencing the price of double twisted black annealed iron wire is raw material costs. The price of iron ore, which is the main ingredient, can fluctuate significantly based on global supply and demand dynamics. Changes in mining regulations, geopolitical situations, and trade tariffs can all contribute to rising or falling iron ore prices, which in turn affect the cost of manufacturing iron wire. Therefore, manufacturers must remain vigilant and adaptable to these market conditions to maintain their competitive edge.