Gold Ten Futures, August 20th, the demand for building materials in the off-season is still weak, still in a state of weak supply and demand, but with the rapid decline in rebar production, inventory has been significantly reduced. In terms of hot coil, supply has declined slowly, consumption has declined, inventory is still rising, and pressure to reduce production is still there. At present, the steel production reduction has not ended, and the industry continues to have a negative feedback pa...
This paper analyzes the recent fundamentals of China's steel market (hot coil, rebar) and looks forward to future trends in steel prices.