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Supply reduction and demand weakened before the holiday, steel prices were mainly stable
The atmosphere of the Spring Festival is getting stronger and stronger, and some steel companies have entered a state of short or suspended production in winter, and the supply of steel continues to shrink.
19
2023
/
01
Supply leads and demand recovers, and steel prices are under pressure
In the first week after the Spring Festival, the operating rate of blast furnaces and electric furnaces increased slightly, and the output of steel varieties such as rebar rebounded at a low level. Because the terminal demand has not yet started, the volume of trading volume has recovered slowly, and the social inventory of steel and the inventory of steel mills have increased significantly.
08
02
The superposition of multiple factors affects the price of steel in a narrow range
Recently, the effect of economic stabilization policies has continued to appear, and the overall economic operation has shown a trend of stabilization and recovery. As steel consumption enters the peak season, market demand has rebounded.
23
03
