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A387 grade 12 class 1 plate development prosperity index fell month-on-month

Posted:2021-03-15 17:14:24

Affected by the Spring Festival holiday, the trading volume and turnover of steel market in February decreased significantly, but the business confidence of merchants increased compared with the previous period. It is understood that affected by the epidemic, the Spring Festival holiday of this year's steel market is extended, and the operation time of the steel market in February is only two weeks, which is the main factor causing the decline of development prosperity indexes of A387 grade 12 class 1 plate and so on steel materials.

After the holiday, the prices of iron ore and other raw materials rose sharply, and the futures prices of A387 grade 12 class 1 plate and other steel products rose simultaneously, which was stimulated by price factors. In addition, after the year, various infrastructure construction projects started, and the demand was strong, the steel market rose all the way, and the business confidence of merchants increased.

In terms of price, the price of A387 grade 12 class 1 plate and other steel products increased by 13.13% after the year, and then stabilized. At present, the relationship between supply and demand is stable. According to the current market situation, steel production capacity is sufficient, and A387 grade 12 class 1 steel price is expected to gradually fall in the later stage.