From today's steel price quotation, today's steel price trend is chaotic, high-priced products show a decline of 10 yuan, low-priced products show a rise of 10 yuan, the comparison is still skewed. The steel market in April is on our way. Let's take a look at the market just last March.
Looking back on the trend of steel price in March, in a word, the first ten days of March were mainly held by the two sessions. The release of terminal demand was relatively slow, the construction site was limited by the influence of the two sessions, and the price fluctuation of steel was weak. After the end of the second half of the two sessions, boosted by the centralized release of the favorable policies and news of the two sessions, the constrained construction sites started one after another, the terminal demand gradually recovered, and the price of steel shocks strengthened. By the end of March, domestic steel prices had fallen due to the panic of fund recovery at the end of the month, the increased pressure on market supply, and the lack of incentive for steel prices to rise.
In fact, this year's steel demand is still there, such as Guangdong, Hong Kong, Macao, Dawan District, Xiongan New Area, the Yangtze River Economic Zone, etc. This year's steel market confidence has been supported, this year's steel prices must be good. Recently, the social stock has increased. Steel mills, under the dispatch of profits, have higher consumption enthusiasm and greater supply pressure. Recently, the futures market is also sticking to the market, which makes the trend of spot steel market more blurred. The price trend of steel in April is mainly strong shock.
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