Strong expectations of overlapping strengthening costs, domestic steel market volatility rises

Market prices of major steel products rose and fell. Compared with last week, the number of products rose significantly. There’s less fat. The global wave of interest rate rises is showing the peak of its cradle. The fundus pressure was still present. For the domestic steel market, with the implementation of a package of policies and follow-up measures to stabilize the economy this year, as well as the clarity of economic work next year, it will again focus on stabilizing economic growth, while further optimizing epidemic prevention and control measures. The growth rate will continue to rise, which gives the steel market strong confidence and expectations (to learn more about the impact of specific steel products, such as C-type steel purlin, you can contact us at any time from the supply side, due to the cost of raw materials significantly increased, steel mill profit rate is compressed, so as to mimic the steel mill capacity release, and the short-term supply side will present a dynamic adjustment trend. From the demand side. The need for emergency work is winding down. And demand for winter storage is opening up. However, due to the price problem, the market is generally lack of winter storage willingness, also limited the release of winter storage demand. From the cost point of view, due to the recent sharp rise in raw material prices, short-term cost support is stronger, steel mills are more willing to raise prices. In the short term, the domestic steel market will also face the game between strong expectations and weak real estate. In the short term, the supply will adjust dynamically and the seasonal effect of demand will appear. Recovery of winter inventory demand. Cost support has also been significantly enhanced. It is predicted that the domestic steel market will show a non-rising trend with the support of strong exports and strong costs.


Post time: Jan-03-2023