Macro data performance is average, steel output rises, and steel prices continue to be under pressure

Today, the price of the domestic steel market is mainly stable, and the local area weakens slightly.
Today, the market is high and low. In the early days, the snails are affected by the favorable emotions such as the reduction of steel mills in some parts of the weekend. The spot is tepid. Although the mainstream market is stable, the local area still weakened.
(To learn more about the impact of specific steel products, such as Steel Purlins For Sale, you can feel free to contact us)
In September, the production of crude steel increased significantly, beyond market expectations. Following the year -on -year righteousness of crude steel output in August, the output in September increased by 17.6%year -on -year, and raw iron and steel also increased by two -digit year -on -year growth, which was not matched with the current demand situation. To this end, steel mills need to further combine operating conditions to reduce output.
(If you want to know more about the industry news on Cold Formed Steel Purlins, you can contact us at any time)
From the perspective of spot, it will still be called heavy operation. Recently, the market is expected to be sorrowful for later demand. In the October meeting, the expected industrial policy was expected, and the Federal Reserve raised interest rates at the end of the month at the end of the month, and the market environment was not optimistic. If the steel output does not get better control, this year’s crude steel will continue to maintain a scale of more than 1 billion tons, which is not good for market reduction in inventory and low demand.
(If you want to get the price of specific steel products, such as Galvanized Steel Purlins, you can contact us for quotation at any time)