INTEGRITY

At present, the stable economic development in my country is actually to strive to stabilize enterprise development when the epidemic drags the economic development. Therefore, it is imperative to reduce the cost of enterprise energy. Coal is an important basic energy source that is related to the national economy and people’s livelihood. Stable enterprises must be based on the basic national conditions of coal -based, and effectively grasp the work of coal supply and stability. As a result, the prices of coal at high in the past will be strictly controlled, a certain decline in a certain range and gradually returning to a reasonable range. As an important raw material for steelmaking, the decline in its price will definitely bring weakening the cost of steel costs, and the price of steel.
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At present, the fundamentals of the steel market are still a dual and weak pattern of supply and demand. From the perspective of economic data in April, the epidemic has a greater impact on investment, especially in real estate. Sales, new construction, construction, land acquisition and other indicators have accelerated. In China, the demand for steel is weaker than the same period last year. The current epidemic is still the most critical decisive factor in the fundamental aspect, and the relevant departments once again reiterate that the price of raw materials must return to a reasonable range, increase control and control, and weaken the cost of steel.
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However, as the national epidemic prevention and control may enter the stage of obvious improvement, the re -production and re -production will gradually start, and the need for suppression of the epidemic may be late. The existing housing policy on superimposed real estate has been accelerated, and the continuous release of macro policies to relax and stabilize growth policies, steel demand is still strong. Under the expected pattern of weak reality, it is expected that the current steel price will continue to continue the trend of shocks.
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Post time: May-18-2022

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