Publicado: Jun 28, 2024 07:30
【SMM Iron and Steel Morning Meeting Summary: The Rain Has Stopped, The Sky Is Clear, And The Building Materials Are On The Rise Again? 】Inventory data has been released. The recovery of blast furnaces in steel mills in the northwest and central China has driven the increase in the production of building materials in this period. However, the downstream construction work has been affected by rain and high temperatures, and it is difficult to match the demand with the supply increment. There have been different degrees of accumulation in the mills and warehouses. Recently, there has been no macro-level surprise in favor of the market, and the expected reality of the dual weakness still dominates. The focus in the future is on the reduction of steel production by steel mills.

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【SMM Iron and Steel Morning Meeting Summary: The Rain Has Stopped, The - Shanghai Metals Market (SMM)