The fluctuation in prices leading to a decline may intensify downstrea

Published: Mar 28, 2024 17:34

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The fluctuation in prices leading to a decline may intensify downstream terminal panic. The speed of using up hot rolled coils in stock may slow down. Overall, the trend of strong demand for hot rolled coils has ended and turned downward, combined with the high output of hot rolled coils, negatively impacting market sentiment. In the short term, the price of hot rolled coils may fluctuate in a repeated bottoming out trend, which will amplify downstream terminal panic. Under the psychological effect of buying on the rise rather than on the fall, the speed of depleting hot rolled coils in stock may slow down.

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