INTEGRITY

The steel inventory structure is changed, the GDP target is 6%, and how much space is the steel price change?

Today, steel prices have generally risen slightly, and each variety is mostly 10-20 yuan.
At present, the market is still paying attention to the speed of the departure of steel inventory. Although the inventory is declining in many places, it still needs to dialectically see inventory changes. In addition, from the perspective of the inventory level of the Steel Association, it is still significantly higher than the same period last year, and it is not lower than last year. The level of the club is high and low. The warehouses of building materials and rolling boards are also more common than last year. It cannot be too dependent on inventory to chase steel prices, which is easy to increase risks. But inventory changes also reflect a problem, which is the inventory structure.
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From a macro perspective, the atmosphere of seeing many recently has risen again. First of all, the WTO (WTO) said on Wednesday that although global commodity trade growth slowed at the end of 2022 and may continue to be weakened in the first quarter of this year, this slowdown was short. The World Trade Organization pointed out in a report on Wednesday that the slowdown of any trade growth may be short -lived, mainly because of the container throughput and new export orders in China Port. The second is that foreign media issued a statement that China intends to set a higher economic growth target this year, which may be as high as 6%, indicating that the confidence in restoring the economy is even more full. If this is the amplitude, it is still a favorable impact on steel prices.
(If you want to know more about the industry news on pre painted steel coil suppliers, you can contact us at any time)
Although the price of steel is still rising, the range is not large regardless of futures or stocks. In stock, there is a willingness to ship, and it needs to be kept warm. However, from time to time, the main contract is facing the main force to move the monthly monthly change, and the time and space may be limited.
(If you want to get the price of specific steel products, such as color coated steel coil price, you can contact us for quotation at any time)
In addition, the increase in steel prices is seriously dislocated, which is another factor restricting the increase in steel prices.

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Post time: Mar-03-2023

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