Why did steel futures fall for three consecutive days? Panic comes?

Today, the steel has fallen slightly today. The hot roll decline is greater than the thread. From the perspective of varieties, a few market declines in the market with steel, hot rolls, and galvanized rolls reached 50-60 yuan, and most areas maintained a decrease of 10-30 yuan. Due to the decline in prices, the overall transaction of the market is poor. However, the overall price level has made some merchants with relatively high winter storage costs in losses, and the market has followed the trend and the price of price, and the pessimistic atmosphere has expanded.
(To learn more about the impact of specific steel products, such as sheet pile u type, you can feel free to contact us)
So far, the price of spot steel has basically returned to the level before the Spring Festival. The thread and hot rolls in the futures have basically fallen by 200 points from the high point. The momentum of “falling spring” is fast and fierce, and the rhythm changes quickly, which makes more in the industry caught off guard. Even so, it is not necessary to panic. The logic of combing the price of the steel price of this wheel is mainly reflected in the expected long -term recovery of the macro recovery. After the year, the new motivation has increased, and the market is concerned that the market is constantly increasing under the accumulation of reality contradictions.
Of course, the steel industry’s own industrial contradictions are not prominent. For example, the entire steel club and factory library this week are basically higher than 2022 and 20121, but it is significantly lower than the same period of the lunar calendar. In the later period, whether the demand can be good and when it can start the problem of urgent care for the market.
(If you want to know more about the industry news on steel pile suppliers, you can contact us at any time)

In February, the market is still dominated by macro dominance in the state of not being launched in February. While the macro -positive policies are promoted, the demand expectations after optimization of the epidemic prevention and control measures have also been further improved, and the room for steel prices is still limited.
(If you want to get the price of specific steel products, such as z type steel sheet pile, you can contact us for quotation at any time)
From the current point of view, the market atmosphere has been formed, and the funds are the first to match from the “double focus”, and increase the offensive of steel decline. Because the rhythm of supply and demand is not matched, any influence of changes in funds and emotions may be enlarged, which directly affects the operating ideas of the spot. The entire black has entered a new game cycle under the state of strong expectations and weak reality, and the rhythm needs to be controlled. At present, the futures disk are declining rapidly, and the spot increases expand, which does not rule out that the spot has a decline pressure.