Both Supply and Demand of Finished Steel are Lower Than Expected in Short term

Publicado: Mar 28, 2023 11:09
Fuente: SMM
Both the supply and demand of finished steel are lower than expected in the short term.

SHANGHAI, Mar 28 (SMM) - Both the supply and demand of finished steel are lower than expected in the short term. Although the prices of finished steel may rebound amid the declining inventory in peak season, the increase is expected to be limited amid the weak macro front. In the medium term, as the cost support has weakened, finished steel prices may fall in advance if the demand fails to recover as expected.

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Both Supply and Demand of Finished Steel are Lower Than Expected in Short term - Shanghai Metals Market (SMM)