[The price of steel futures rebounds, and there is a significant impro

Published: Jul 11, 2024 17:34

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[The price of steel futures rebounds, and there is a significant improvement in the transaction of Guangzhou market] Since mid-April, Guangzhou has been affected by heavy rainfall, resulting in serious water accumulation in construction sites, sluggish market demand, and continuous decline in spot prices. Recently, with the northward movement of the rain belt, the rainy weather in Guangzhou has come to an end, and the weather has cleared up, with a slight increase in terminal procurement demand. Today, driven by the rise of futures prices, the enthusiasm of market transactions has increased, and spot prices have risen by 20-30 yuan/ton...

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