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What is the forecast trend of hot rolled steel coil in China on March 5

What is the forecast trend of hot rolled steel coil in China on March 5
Mar 05, 2020

Raw materials: China's steel billet fell 10 yuan / ton yesterday.

Comprehensive point of view: the current foreign economic instability is expected to increase, the fundamentals of superimposed steel have not improved, the mentality of spot merchants is pessimistic, the market operation is becoming more cautious, and it is expected that the hot rolled steel coil market will be weak in stability today.

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