There is little room for steel prices to rise and fall

On April 28, the domestic steel market prices were mixed, and the ex-factory price of Tangshan ordinary billet was stable at 4,740 yuan/ton. The market stocking sentiment has improved, speculative demand has picked up, and the transaction situation has continued to improve.

Affected by market sentiment, this week, the steel price was low and then high, and the trading volume also fell first and then rose. In the short term, the demand performance is still unstable, the domestic epidemic prevention and control is still in a critical period, and some steel mills may reduce production due to losses, the overall steel market may show weak supply and demand, and steel prices may continue to fluctuate.


Post time: Apr-29-2022