Some opinions on the steel market

Alan Yang

On the whole, the market is currently in a transitional stage before actual demand is fulfilled. Before and after the holiday, the macro and demand expectations have been basically realized, and the real demand has not yet entered a substantial release period.

Therefore, after the favorable factors have temporarily flattened out, the market psychology is undergoing subtle changes. Some merchants are eager to cash in their profits, resulting in retreat or interval fluctuations after the rapid rise. It is expected that the short-term steel price will remain volatile and weaken.