Publicado: Jul 26, 2023 07:40
At the supply side, steel prices have broken through the previous highs, steel mills' marginal profits have been restored, and some steel mills have postponed their maintenance plans; in the short process, raw material costs have risen in line with finished product prices, coupled with the difficulty of collecting waste in high temperatures, the start-up rate remains low, and the supply of building materials has slowed down. On the demand side, the Political Bureau meeting has guided positive expectations, the control of crude steel has begun to show signs, the sentiment has obviously improved, the terminal rigid demand and market speculation have both improved, and the daily transaction has improved...

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At the supply side, steel prices have broken through the previous high - Shanghai Metals Market (SMM)