The markeadversetive interest in raising interest rates has been consumed in advance, and the contradiction between supply and demand in the steel industry has become increasingly prominent. With the slow game of supply and demand, how will the steel coil price go tomorrow? Let us continue to look down.
The current issue of rolls has strong shocks, the market atmosphere is general, manufacturers are more willing to support prices, downstream demand has not improved, transactions are relatively general, and the willingness of merchants to replenish inventory is not strong recently. As a result, the market price of hot rolled steel coil is expected to decline within a narrow range tomorrow.
At this stage, the market has not fully returned to normal, which greatly impacts shipments, the slow rate of inventory reduction, and the uncertainties of the epidemic. Although steel mills are willing to support prices, there is no driving force for the market fundamentals.
