SMM Steel Brief: Futures Surge 1.58%, Spot Prices Follow Up Amid Maintenance-Led Supply Cuts

[SMM Steel Morning Meeting Summary: Steel Prices are Still Mainly Fluctuating in the Short Term] Yesterday, the futures price of steel rebar fluctuated on the upside, closing at 3080, up 1.58% from the previous trading day. Spot prices rose following the futures market, with some cities experiencing catch-up gains.

On the supply side, according to SMM research, the impact of blast furnace maintenance on molten iron production this week amounted to 1.4196 million tons, which was... (the impact of maintenance compared to last week was...)