Today, the steel futures continued to see weak fluctuations, with the

Published: Jul 25, 2024 17:11

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Today, the steel futures continued to see weak fluctuations, with the main contract finally closing at 764.5, down 1.55% throughout the day. The overall market trading atmosphere was average today. The transaction prices were down 10-15 yuan/ton compared to yesterday; according to today's finished material inventory and apparent demand data, the demand for the five major materials has declined. Currently, it is the off-season, and there are frequent high-temperature and rainstorm warnings in various places. The market estimates that future terminal demand may further weaken. In addition, the alternation of new and old national standards has a significant impact on the steel bar market, with strong market sentiment for selling and悲观情绪spreading, leading to a continuous decline in iron ore prices...

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