Analysis Of China's Steel Coil Market

It is worth noting this week that the impact of the industry's anti-innovation is biased towards the medium and long term, especially for undervalued varieties. The U.S. Department of Commerce plans to conduct trade negotiations with China in the next few weeks, and the expectation of steel mill maintenance is rising, which brings positive signals to the market. At present, the production of steel coils is in the off-season, and the driving force of the finished product end is still insufficient. The market confidence lacks sustainability. This week, the price of color-coated steel coils fluctuated between 10-30 yuan.