Telah Terbit: Apr 1, 2024 07:35
【SMM Steel Morning Meeting Minutes: Building materials spot prices under pressure, market sentiment skewed towards pessimism】Last Friday, the futures rebar fluctuated downward and closed at 3412, down 1.76% from the previous trading day, with spot market prices falling throughout the day. On the supply side, last week steel billet profits and demand were still reasonable, with some blast furnace plants reselling billets. At the same time, some rolling mills reduced production load, while electric furnace plants slightly reduced their operating rates. In the future, some steel mills still have production stoppage plans, and output will continue to be maintained at a low to medium level. On the demand side...

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