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The latest market report

This week steel prices rose as a whole, as the country in September to invest in the market capital brought by the chain reaction gradually emerged, downstream demand has increased, entrepreneurs macroeconomic index also showed that many enterprises said the economy in the fourth quarter good operation.However, the steel market is still in the multi-short game, on the one hand, the impact of limited electricity production, steel production capacity is limited, supply is tight.On the other hand, the government has adopted multiple policies to ensure coal supply in autumn and winter, and the three major coal producing areas have also worked overtime to expand output.Taken together, only when coal is secured will power cuts at steel mills be eased, steel supplies will be able to breathe, and prices will cool.Therefore, steel prices are still expected to be strong next week.

Post time: Oct-13-2021