Film steel falls nearly 110! Steel price fell 120! What is the trend of steel prices after the holiday?
With the gradual landing of macro policies, the demand for domestic real estate, automobiles, infrastructure and other demand has limited startup, and sales have not met expectations. In addition, iron ore and coal are suppressed by multiple departments. The market has continued to decline, the spot market has a low operating mood, the merchant’s replenishment is not good, the market transaction is low, and the price of steel in the later period?
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At present, the risk of banking incidents has gradually released, and international optimism has picked up. Under the pressure of the upcoming social problem of inflation, the European Central Bank may continue to raise interest rates to relieve the expansion problem. International capital investment is expected to weaken. The futures market has fallen sharply, affecting the operating emotions of the spot market, and the trend of the price of sharp steel.
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The country focuses on supporting economic construction. In order to ensure that the recycling funds are used for project investment and effectively support the development of the real economy as soon as possible, the Development and Reform Commission will issue a notice of high -efficiency project declaration and recommendation work. The launch of the steel volume still takes time, and the favorable range is limited.
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With the gradual landing of macro policies, the market’s expectations of the market have fallen, and the startup demand has limited startup. Under the influence of foreign bank events and the European Central Bank’s interest rate hikes, international capital investment is expected to decline, futures and stock markets have decreased significantly, speculative demand for speculative needs Weaken. At the same time, the Development and Reform Commission jointly strengthened the supervision of iron ore and coal prices, and interviewed multiple futures institutions. It is strictly forbidden to illegally and illegal acts. Coking coal coke led the entire black market. The short-term market price may continue to bottom out. It is expected that the price of steel may run weakly after the holiday, with a range of 10-30 yuan/ton.
Post time: Apr-05-2023