INTEGRITY

The demand for the weakening of interest rate hikes, the steel market has fallen into a shock

After the holiday, the National Frequency will once again deploy the economic operation to rise steadily at the beginning of the year. It is necessary to thoroughly implement the policy and continuation measures of the stability of the economy, and promote the construction of major projects supported by finance and financial instruments. Insufficient contradictions have been promoted to promote consumption to accelerate the restoration of the economy. Promote the comprehensive implementation of major projects such as accelerating the implementation of major projects and promoting automotive consumption policies. Organize rich and diverse consumption activities to promote accelerated recovery of contact consumption. Reasonably increase consumer credit. Due to the policy boxes of the city, support rigidity and improvement of housing needs, and do a good job of insurance work. Under the continuous implementation of macro policies, major projects in various places after the holiday reappear “start -up”, which has formed strong expectations for domestic steel markets, which has driven the domestic steel market to form a “opening door” after the festival.
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However, due to the arrival of the Fed, Europe and the British Bank of the United Kingdom, the commodity market has once again fallen. In the short term, the domestic steel market has been affected by the risk of global economic recession, the support of the steady rise of the domestic economy, and the lack of dragging downstream demand in off -season.
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From the perspective of the supply side, due to the rise of steel prices, the loss of steel companies has increased, the production enthusiasm of steel mills has weakened, and the supply side will show a slight decline.
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From the perspective of demand, some northern markets are still in the holidays, the release of downstream demand after the festival is limited, the market transactions are still insufficient, and the market demand is in the restoration stage. From the perspective of cost, due to the relatively strong price of iron ore and scrap steel, the cost support of short -term steel markets is still strong. The domestic steel market will show a high-level shock in the domestic steel market (2023.2.6-2.10), but it does not rule out the possibility of exploring some regions or varieties.


Post time: Feb-06-2023

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