In the short term, the trading volume of the steel market is still at a low level. As the supply of steel mills recovers faster than the demand, the fundamental pressure has increased. At the same time, the black futures fluctuated and weakened after the festival, which aggravated the wait-and-see sentiment in the market. In the short term, steel prices may fluctuate within a weak range, and demand recovery will still take time.
Feb 06, 2023
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