Steel demand is gradually recovering, and steel prices may rebound next week

Date: 2022-02-21

Steel demand is gradually recovering, and steel prices may rebound next week This week, the mainstream prices in the spot market fluctuated and weakened. In this cycle, driven by the weakness of iron ore, the market fluctuated and weakened. At present, the market has resumed work one after another, and the recovery of demand will have a greater impact on the price next week. At present, the market remains cautious, and the spot is mainly consolidated. On the whole, the domestic steel market price fluctuated weakly this week. The market has basically resumed work in an all-round way, and the demand has increased slightly. At present, the market fluctuates greatly. The market is cautiously watching, and profit is mainly cashed out. The downstream terminal will basically complete the full resumption of work next week, and the actual downstream demand will increase from this week. It is expected that the steel price will fluctuate strongly. Post time: Feb-21-2022

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