China's hot coil spot market is set to run into severe shortages, and iron ore prices are expected to rise to $150 a tonne. Get ready for a 20% surge in iron ore prices in the second quarter of 2023. The seasonal increase in Chinese steel production in March-April is expected to coincide with short-term supply tightness, which will bring the market to 35 million tons in the second quarter. gap. Customers who need it can buy it in the near future.
Then the price of steel coil(aluzinc steel coil, galvanized steel coil,ppgi steel coil,PPGL steel coil) price may be increasing.
