Black Steel futures continued to plummet, spot steel prices fell accelerated

By Tuesday, the black metal continued to usher in the “dark day”. From raw materials to finished products, it was spared, and even the local market thread and thermal steel roll appeared again afternoon.
The characteristics of market changes today are still the spot decline less than futures, reflecting that the emotional impact on the market is still temporarily affected, and there are panic killing ingredients.
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In the spot market, although there is no large decline in futures, the spot has fallen continuously, and there are not a few markets that continue to decline in the afternoon. The decline in the market is still impacting the Fed’s interest rate hike policy. At the same time, the domestic epidemic situation has deepened concerns on the impact of the economic recovery, and the market has panicflars.
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The re -production of steel mills exists, but the space is limited, and the demand is expected to weaken. The market is mainly concerned about the concerns of the demand for the verification period. There is no lack of policies at the moment. lack of confidence.
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From the current point of view, no matter how bad the market is, macroeconomic policies have landed, and it is necessary to continue to enhance market confidence. At present, the Ministry of Finance has stated that the adjustment of macro policy regulation, strengthening major risk prevention and resolution, and implementing larger large -scale combined tax support policies. In the perspective of industrial perspective, if Tangshan announced the crude pressure reduction plan, steel mills will once again increase production reduction reduction reduction Strong, under low inventory is conducive to stability of the market. It is expected that there is still a decline in the expected period, but the speed of the decline will slow, and there will be a small rebound in the plunge.