The futures steel fluctuated nearly 100 points, rising first and then falling. Will the steel market become bleak again?

The disk continued to rise yesterday, and the expected start-up effect of demand is the main driving force for prices. However, due to the effect of the off-season, the demand is still stable, resulting in insufficient power for the disk to rise again. Affected by this, the spot price began to decline and the transaction volume decreased.
After the price has fallen, the demand has just started, and the worse period has recovered, but the height of the demand increment is relatively limited, that is to say, it will play a certain role in supporting and disturbing the price, increasing the frequency of market fluctuations.
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Although it is more obvious to lighten up long and short positions in the day, it is still in a situation of close competition. The short-term trend is still stalemate, and it is difficult to distinguish the winner and the loser, which increases the probability of a volatile market.
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On the cost side, affected by the loss of coke enterprises, active production reduction, and supply-side reduction, some steel mills took the initiative to increase the purchase price of coke. In the absence of major negative conditions, the current price still has some support on the cost side. However, the recent macro data is about to be released, and it is expected that the pessimism will increase the periodic bearish effect of the disk, and the possibility of early reaction cannot be ruled out.
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In the short term, the bulls and bears continue to fight, and the volatile market trend is still maintained.