Telah Terbit: Apr 29, 2024 07:35
【SMM Steel Morning Meeting Summary: Downstream Stock-up Completes Gradually Before the Festival, Spot Prices May Stabilize】Yesterday, there was no reference for the spot market, and the spot prices mainly remained stable. Some cities slightly lowered their quotes, and the overall transaction performance was average. However, downstream stock-up before the festival was still ongoing, and there was a surge in demand in some areas. On the supply side, the spot profits of steel mills weakened, but there was still some marginal profit, and the production pace remained stable. On the demand side, the demand in the south was slightly weaker due to the weather, while the demand in the north was stable with smooth operation...

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