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API 5L X52 PSL1 carbon steel market in the third quarter will remain strong
According to estimates by the World Steel Association, the world's crude steel production will decrease by about 100 million tons in 2020. However, from a demand perspective, the demand for API 5L X52 PSL1 carbon steel in the post-epidemic era is worth looking forward to. This is mainly because fixed asset investment is a sharp weapon to hedge against economic downturns and has been repeatedly used in previous crises, such as the classic 2008 China's four trillion yuan, And the rapid recovery of real estate and infrastructure under the background of steady growth this year.
In fact, on a global scale, the rebound in API 5L X52 PSL1 carbon steel demand under fiscal stimulus is also worth looking forward to. According to the current global economic recovery and the development trend of the international API 5L X52 PSL1 carbon steel market, combined with the forecast of the fundamentals of various regional markets, the international API 5L X52 PSL1 carbon steel market in the third quarter will still stay strong.