According to the information you provided, the recent favorable policies and the arrival of the peak demand season have had a positive impact on the price of finished steel. However, from a fundamental perspective, short-term steel price fluctuations are mainly driven by raw materials such as coal coke and iron ore, which shows that steel prices are passively following the rise, and the weak supply and demand situation has not changed for the time being. Therefore, it is difficult for steel prices to rise significantly in the short term. Based on the current situation, steel prices are expected to rise slightly tomorrow.
Post time: Sep-12-2023