Be mentally prepared to accelerate the rise in steel spot prices

Alan Yang

 


Be mentally prepared to accelerate the rise in steel spot prices.

 Because the price base of rebar is too low this year, under the background of flooding of the currency, institutions outside the industry chain have a passionate impulse for the current low price base of rebar.

 Currency is above everything else, the virtual economy will push up prices to guide market prices

 Currency is the driving force, inventory is just emotion, but it cannot change the driving force of the currency

 In the case of severe losses in the electric arc furnace industry chain, production cuts and upgrades and infrastructure development in the second half of the year are the main themes, and resonance consensus on multiple factors of interest rate cuts and expectation reduction