Short-term steel prices rise steadily

This week, the national construction steel prices fluctuated strongly. Specifically, due to the impact of epidemic control in some areas this week, the release of terminal demand is obviously limited. However, in the early stage, the relevant government departments issued a series of macro-positive news, so the market is generally optimistic about the future expectations, and the black disk also showed a strong trend this week. The market sentiment remained cautiously optimistic, and the overall price showed a strong volatile trend in the week.
As of March 25, the average price of 20mm grade 3 seismic rebar in major cities across the country was 4,990 yuan/ton, up 35 yuan/ton from the previous week;

On the whole, it is expected that the price of construction steel will show a strong trend of shock next week, but the increase may be limited.


Post time: Mar-28-2022