Two characteristics of the steel market in 2019

Overall, in 2019, China's macro-economy and steel market uncertainty increased, such as how much environmental protection limit production? What are the prospects of china-us trade negotiations? Will there be large-scale winter storage this winter? Will the fed stop tightening? Whether the U.S. economy is in recession or not. It is the existence of these uncertain factors, which affect the steel market expectations, expand the gap between the two sides, and produce a wide range of price fluctuations.

It can be predicted that in 2019, the national steel market quotation will not appear unilateral quotation, rebar steel main contract price of the largest shock range (the lowest price to the highest price), it is possible to reach as much as 1000 yuan this is the New Year's Chinese steel market quotation of the first characteristic. The second characteristic of Chinese steel market quotation in 2019 is that the average steel price of the whole year is roughly flat with the level of the previous year, or it is to rise somewhat, generally there will be no annual average price decline.

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