Judging from the reasons for the decline in this round of galvanized iron coils since mid-March, the core reason is that the demand in the peak season is lower than expected. As a result, the galvanized iron coils continued to fall. However, if demand continues to weaken in the later period, the core negative factors that led to the price drop in the previous period will continue. In this case, it is not conducive to the suspension of production of galvanized iron coils. Therefore, even if the demand continues to shrink more than expected in the later period, it may drag down a profound drop in galvanized iron coils again.
May Quotes Galvanized Iron Coil
May 02, 2023
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