Telah Terbit: Apr 7, 2024 07:35
【SMM Steel Morning Meeting Minutes: Futures of rebar experienced a sharp drop before the holiday, is the steel price rebound coming to an end?】The main players in the futures market have shifted to the 10th contract, with the market trading sideways during the day and a late-day dive leading to a 1.40% drop, closing at 3463. On the spot market, prices initially rose before falling, with fluctuations of 20 yuan/ton. On the supply side, according to SMM research, short-process steel mills maintained a weak stability in production, but there was a slight increase in iron output in the long-process sector, and maintenance of construction material rolling lines decreased, leading to a slight recovery in construction material supply at a low level.

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【SMM Steel Morning Meeting Minutes: Futures of rebar experienced a sha - Shanghai Metals Market (SMM)