Steel Coil Market Forecast This Week

Analysis of the situation of steel coils this week: From the current perspective of the steel coil industry, the contradiction is not big. At present, it is mainly affected by the macroeconomics. From the macroeconomic perspective, the United States has a high probability of interest rate cuts. Not cutting interest rates is also a dying struggle of chronic death. The results of the November 5 election will determine the strength of our country's policies, but what can be determined is that our policies must be positive. However, the current market expectations have been raised too high, so there is a possibility of a decline due to seemingly unfulfilled expectations, but when it is digested by the market, it is very likely to pull back. Therefore, next week, it is likely to fall first and then rise, and the decline may be large. It is recommended to avoid risks before considering it.
It is expected that the price of color-coated steel coils will fluctuate between 15 and 30 yuan this week. Jingtai Company mainly produces PPGI PPGL GI GL products. If you happen to have needs, please contact us. We will provide high-quality products and services.