On March 7, the domestic steel market rose across the board, and the ex-factory price of Tangshan ordinary billet rose by 70 to 4,810 yuan/ton. Today, the black commodity futures market rose sharply, and the steel spot market traded significantly, and steel mills and traders actively pushed up steel prices.

The recent rise in international crude oil, coal, natural gas, iron ore and other commodity prices has intensified imported inflationary pressures and pushed up domestic energy and raw material prices. In March, demand has recovered and costs have risen, and short-term steel prices may still have room for growth. However, due to the rise of market speculation and speculation, the National Development and Reform Commission said that it will do its best to ensure the supply and price of bulk commodities, and pay attention to the introduction of relevant regulatory measures in the later stage.