It is expected that steel prices will continue to rise tomorrow

Posted:2021-04-08 15:49:54

The China Federation of Logistics and Purchasing released a global manufacturing purchasing manager index of 57.8% in March, The second round of the third batch of central eco-environmental protection inspectors started on the 6th. The demand for steel for home appliances, automobiles, infrastructure, etc. has gradually recovered. The macroeconomic vitality has been enhanced. Domestic and foreign demand has continued to recover, and industrial production has continued to remain active. It is expected that steel prices will probably rise tomorrow.

Futures continued to rise, billet continued to pull up, and the market was positive. Merchants actively explored the rise. Spot market prices became stronger. Under the support of high costs, low transactions were acceptable, but steel prices continued to rise, and the terminal accepted steel prices. The extent is limited, and the market is afraid of high sentiment. It is expected that tomorrow's steel plate market may be stable and strong.

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