[SMM Steel Morning Meeting Summary: Market continues to fluctuate, steel prices unable to rise?]
Yesterday, real estate and social financing data were released. Real estate data continued to show poor performance, with new construction, completion, and construction area all experiencing a significant year-on-year decline. Meanwhile, first quarter GDP reached 5.3%, surpassing expectations.

![Preços do magnésio sobem por três sessões consecutivas! Lado dos custos segue "em brasa", enquanto o lado da demanda luta para assumir o controle [Comentário SMM]](https://imgqn.smm.cn/usercenter/EutUV20251217171724.jpeg)
![[ Canadá imporá tarifa retaliatória de 50% sobre o aço dos EUA ]](https://imgqn.smm.cn/usercenter/QMaot20251217171719.jpg)
