[SMM Daily Review of Rebar: General Election Approaching Its End, Market Keeps a Close Watch on Macroeconomic Trends] Today, the rebar market experienced wide fluctuations, closing at 3433 points, up 1.30%. Spot market prices mostly rose, and transactions in some regions improved compared with yesterday. On the supply side, the impact of maintenance on building materials this week amounted to 1.1885 million tonnes, an increase of 148,000 tonnes from the previous week. With raw material prices rising, profits from finished steel products shrunk. Coupled with winter shutdowns and environmental production restrictions in some areas, production showed a downward trend. On the demand side, as the weather turns colder, temperatures in some northern regions have dropped below zero, hindering construction work. In addition, the uncertainty surrounding macroeconomic events such as the U.S. general election and the Two Sessions has also affected market sentiment, making market participants more cautious in their operations. Currently, the contradiction between supply and demand fundamentals is slightly accumulating, but macroeconomic influences are dominant. After the U.S. general election concludes tomorrow, the market may receive favorable stimuli. It is expected that steel prices may fluctuate and rise in the short term.
데이터 출처 설명: 공개 정보를 제외한 모든 데이터는 SMM이 공개 정보, 시장 커뮤니케이션 및 SMM 내부 데이터베이스 모델을 기반으로 가공한 것입니다. 본 자료는 참고용이며 의사결정 권고를 구성하지 않습니다.