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China's tariff adjustment will boost the price of RMRS DH36 steel in the international market

Posted:2021-05-13 10:30:32

It is expected that the large-scale adjustment of import and export tariffs of China's steel products will help the prices of RMRS DH36 and other steel products rise in the international market.

For a period of time, the international market, especially in Europe and the United States, steel prices have soared, the primary factor is the overall tight supply and demand. There is also a view in the United States that scarcity and tension are driving up steel prices in the United States. China has substantially adjusted import and export tariffs on steel and steel products, giving priority to steel production to meet domestic demand. Of course, it has generated new impetus for the rise of steel prices such as RMRS DH36 in the international market.

According to this, we can draw a preliminary judgment: the overall trend of the international steel market in this year is tight goods and high prices, and the prices of RMRS DH36 and other steel products will rise further.