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RMRS DH36 steel price rising is an inevitable trend

Posted:2021-05-08 11:29:08
RMRS DH36 steel
Recently, the RMRS DH36 steel price has risen rapidly. By the end of March, China's steel price index had increased by 37.37% year-on-year, and the international steel price index had increased by 58.9% year-on-year. The increase of steel price in the international market was significantly greater than that in the domestic market.

Recently, RMRS DH36 steel prices continue to rise, and the state has strengthened environmental supervision to strictly control illegal production capacity; China's economy has recovered steadily, and downstream demand has gradually recovered; The United States continues to make money, leading to inflation and other factors are inseparable. With the orderly progress of China's "two new and one heavy" construction and the continuous implementation of measures to promote consumption, steel prices still have strong support, and the situation of maintaining a high level will continue. However, the global fiscal deficit is increasing, the uncertainty of the international environment is rising, the pressure of raw material cost is continuously transmitted to the downstream, the difficulty of enterprise operation is increasing, and the risk cost is rising. Both the steel enterprises and the downstream enterprises are still seeking opportunities in the challenges.
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