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Recent ASTM A387 alloy steel price forecast

Posted:2021-01-18 11:13:44

Forecast: in the near future, the domestic steel market inventory is gradually increasing, and the support of raw material price cost is still strong; the epidemic situation in Hebei continues to deteriorate; coupled with the close of the year, the steel market mentality is relatively tangled, the steel futures market continues to differentiate, the inventory price of ASTM A387 alloy steel is weak, and the transaction is slightly shrinking month on month.

Affected by the epidemic, ASTM A387 alloy steel demand shrank sharply this week. In the case of a small decline in steel production, steel inventory further expanded to 790000 tons, with construction steel accounting for a relatively large proportion. However, due to the strong raw material end and the continuous price support of steel mills, the price drop space of steel traders is limited. It is expected that the price of ASTM A387 alloy steel will continue to be weak in the near future, and the price will drop slightly.