Inventory and steel mills will repress steel prices

Spot transactions are still not smooth

As terminal demand picks up, the stock of rebar has gradually declined, but stocks and steel mills have continued to suppress steel prices. Although current steel mills' profits have fallen, they still have production momentum under high-profit conditions and supply will still increase. Terminal demand will pick up but lack stability, and spot transactions will still not be smooth. The outlook is cautiously optimistic.

Inventory and steel mills will repress steel prices

Pre: China NM400 Wear resistant Steel Plate for sale

Next: Trade friction forces China's steel industry to upgrade