Industry information
Spot market mentality is cautious, steel prices are rising and falling
【Time:2020-05-06 09:48】 【Traffic:

 The international steel market operated weakly in April. The CRU international steel price composite index was 168.8, a month-on-month decrease of 4.34% and a year-on-year decrease of 14.71%. The CRU long product index was 212.4. In the European market, the European Union will re-examine the current steel import protection measures to prevent the surge in imports after demand picks up; the US market, the first quarter of the United States, the cumulative imports of various steel products and finished steel products were 6.41 million tons and 4.507 million tons, respectively. The year-on-year declines were 21.7% and 25.6%; Asian markets, the domestic market, steel prices fluctuated this month, some rose slightly, some regions fluctuated within a narrow range, downstream site demand was released, but the overall national inventory was high, and the decline in inventory began to narrow, Moreover, the foreign epidemic affects domestic steel exports, and some low-priced foreign products flow into the domestic market, and the impact of the foreign epidemic has not ended. On the whole, the international steel market will run weakly in the short term.

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