The price of domestic steel market will maintain the trend of high adjustment

At present, the national level has begun to pay attention to the sharp rise of commodity prices, and the domestic steel market has entered a high adjustment period. However, from the current supply of steel market, due to the spread of environmental protection inspectors again, the expectation of supply side contraction still exists; from the demand side, the demand of steel market is still relatively strong, but due to the high steel prices, the downstream market is still in a low level. The enthusiasm of taking the goods is poor, only purchasing on demand, which also limits the space for steel prices to continue to rise. In the short run, the supply side and the demand side of the domestic steel market will restrain each other, and the market price will maintain the trend of high adjustment.

It is expected that the domestic steel market price will fluctuate next week, the market price of long-term materials will fluctuate and decline, the profile market price will be stable and falling, the price of sheet metal market will be stable and the market price of steel pipe will be stable and falling.