Broad -up shock, what is the frequent switching rhythm in the steel market?
Today, the spot price of steel has risen steadily, and the futures fluctuation of futures rose.
Economic performance in March is better than January and February: the main economic indicators are better, the main indicators of consumption and investment continue to improve, and employment and prices are generally stable. The market expects to be significantly improved: it will continue to stabilize the word to consolidate the expansion of the economic recovery direction. A good situation will launch new measures in expanding market access and optimizing the business environment.
(To learn more about the impact of specific steel products, such as Ppgi Roofing Sheet Supplier, you can feel free to contact us)
Due to the high domestic economic demands, the support for various domestic policies in the second quarter, and the new employment goals have improved significantly. The improvement of real estate and export margins is better than expected. The impact of the macro direction on the steel market is still positive, especially in the peak demand season. The internal operating environment of the steel market is generally good, and there is no too much negative drive market.
(If you want to know more about the industry news on Wholesale Ppgi Roofing Sheet, you can contact us at any time)
In terms of industries, short -term demand has a certain manifestation of expectations, but the toughness of demand is still strong. The spot price has fallen to the nearby cost. In recent months, the price of steel futures continued to collect the basis. It was relatively stable and the speculative demand was relatively stable. From a seasonal perspective, supply and demand were still in the process of improvement.
(If you want to get the price of specific steel products, such as Ppgi Roofing Sheet Factories, you can contact us for quotation at any time)
From the current point of view, the spot market will be suppressed first and then Yang. Because more steel trade is still optimistic about the demand in April, it is also active in operation. Under the circumstances of the overall environmental preferences of the macro risk in the peripheral macro risk, the steel market may still rise in recent shocks.
Post time: Mar-31-2023