"SMM Iron and Steel Industry chain Weekly report", the weekly report SMM will select one of the hot topics, prices, market or major changes in the industry chain information published for your reference.
According to the current 3 data, it is predicted that the fundamentals of rebar will continue to increase in supply and demand in April. Given that the recovery on the demand side is not to be underestimated, there is no incentive for steel prices to continue to fall sharply in April, or there is the possibility of an increase. However, in the current inventory year-on-year high, macro uncertainty still exists and the cost of downward risk, the continuous sharp rebound power is insufficient, the upward space is still limited.
Hot roll futures prices fell sharply this week, with futures falling twice as much as spot losses. Mainly due to the continuous fermentation of the foreign epidemic this week, the outer disk fluctuated sharply, causing greater interference to the domestic black market sentiment, prompting the early part of the week to continue last week's decline, and the decline is greater. As a result, the hot roll spot market panic intensified, terminal procurement wait-and-see mood is strong, large customers have low prices, making the spot price also fell sharply with the futures.
Hot rolling stock this week
"apply for free access to the SMM metal industry chain database
Current issue of "SMM Iron and Steel Industry chain Weekly report" catalogue
Review of this week's market
Current trend this week
Inventory review this week
Sort out the big events of the week
Next week's market forecast
Please scan the QR code above to apply for entry into the SMM iron and steel industry communication group.
SMM iron and steel hot rolling topic: this product service content mainly covers "hot rolling coil, cold rolling, strip" and other plate related information, involving price, news, downstream, analysis, data and business opportunities. This product member exclusive column has the hot spot analysis (macroscopic and the market), the steel mill dynamic (price adjustment forecast, overhaul, stop production, monthly production plan, etc.) analysis, downstream weekly report and the whole industry chain analysis, are the first original non-ferrous network iron and steel, to meet the needs of high-end customers. "View details
SMM steel rebar special topic: this product service content mainly covers "rebar, high wire, coil" construction steel related information, involving price, news, downstream, analysis, data and business opportunities. This product member exclusive column has the hot spot analysis (macroscopic and the market), the steel mill dynamic (price adjustment forecast, overhaul, stop production, monthly production plan, etc.) analysis, downstream weekly report and the whole industry chain analysis, are the first original non-ferrous network iron and steel, to meet the needs of high-end customers. "View details
