The billet fell by 140! As the winter storage peak approaches, can the steel market continue to fall

The construction steel market price has fallen sharply this week. The average price of the country's 25 market threads HRB400 (20mm) was 3,977 yuan / ton, down 73 yuan / ton from last week.
At present, the rebar stocks of major cities in the country are 3.419 million tons, an increase of 145,500 tons on a week-on-week basis, an increase of 4.59%, a year-on-year decrease of 34,600 tons, a decrease of 1.09%; a wire rod of 1.0722 million tons, an increase of 47,800 tons on a week-on-week basis.
 

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