Central bank water relief funds tension steel price is given priority to with consolidation tomorrow
by:Hongmei
2020-07-09
Today is the last working day in July, this month's what reassures steel trading business, steel prices in the off-season of merchants continue to make substantial lift much profit this month, steel mills profit situation has changed.
And combined with higher prices is a steel mill in the first half of the repair is relatively concentrated, less shipments, discontinuity in the market phenomenon more accelerated the rising steel prices.
Even at the end of the steel plant resources, accelerated the arrival of the goods quantity, but still failed to ease market disconnect situation, combined with the cost of new resources of the arrival of the goods in August has run to a new step, obvious upside down with the current market price, market prices or will continue to perform operation.
From the point of the present situation, the steel price lower part space support power is sufficient, steel prices much weaker.