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Domestic steel market may rebound in September
Posted:2019-09-19 14:55:54
In August 2019, the domestic iron and steel market shook downward; iron ore prices fell sharply, which weakened the support of cost for later steel prices; demand for steel downstream will be released in September, and environmental protection production restriction or expansion in the surrounding areas of Beijing, Tianjin and Hebei will be stricter, and the relationship between supply and demand in the market is expected to be improved.
But at present, the China-US trade war is intensifying. The drama makes the optimism of the market obviously insufficient. It is expected that the domestic steel market will rebound in September.
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