Technology Jul 05, 2021 07:30 AM (GMT+8)
According to the monitoring data of Zhongtai securities, the profit per ton of steel fell sharply after peaking in early May. Industry insiders said that the current domestic steel market is still in the traditional off-season demand, the purchase demand is obviously insufficient, and the steel plant began to repair and reduce production. Under the influence of weak downstream demand, factory inventory and social inventory continue to accumulate slightly, and the accumulated volume may reach a record high. In the short term, the domestic steel market will continue to show a weak shock pattern.
This text is a result of machine translation.