In general, there are several reasons: mills' profits have shrunk;
Last week steel prices fell, the market has stabilized or even rebound demand;
Domestic and foreign price trend split, the price gap further widened;
Policy mentioned above the "focus on the use of market solutions to solve the problem of commodity prices", should pay attention to Tangshan steel enterprises related requirements may exist to adjust the market disturbance.
Short comment: The price of steel products fluctuates obviously. If you want to buy our drum closure, please contact our professional sales staff.
Steel Market ForecastJuly 1, 2022Supply side: According to MySteel research, the production of large varieties of steel on Friday was 10.5735 million tons, an increase of 60,000 tons from the previous week.Demand: Apparent consumptio...view