Tangshan steel market is red, and steel prices may run strongly next week
Date: 2022-03-07
Tangshan steel market is red, and steel prices may run strongly next week
This week, the mainstream prices in the spot market were on the strong side. The tension in the international geopolitical situation led to a supply gap of global commodities. The stronger prices of commodities on the disk pushed the spot prices to rise. The market sentiment is expected to be positive, the operating rate of downstream projects has increased, and the demand side has gradually been released. This week, the spot market maintained a strong volatile pattern.
On the whole, domestic prices are mainly on the strong side this week. The tension in the international political situation has led to a supply gap in global bulk commodities. The bullish sentiment in the market has increased, and the demand side has gradually recovered, reducing the inventory pressure. The convening of the two sessions, while the overall economic stabilization tone remains unchanged, the market has bullish expectations for the information that may be released during the meeting. On the whole, it is expected that the spot price will maintain a strong volatile trend next week.
Post time: Mar-07-2022
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