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SA36 carbon steel price trend mainly depends on the supply and demand situation

Posted:2021-02-23 13:54:16

For the following SA36 carbon steel price trend, the industry insiders believes that it mainly depends on the supply and demand situation. At present, relevant departments are studying and formulating the work plan of steel output reduction, implementing the policy of double control of production capacity and output, so as to ensure the year-on-year decline of crude steel output this year. At the same time, steel demand expectations are still optimistic. SA36 steel demand is likely to grow slightly this year.

Under the background of declining output and flat or increasing demand, if the import volume does not increase significantly, China's steel market will tend to be in a tight equilibrium state, supporting the high operation of SA36 carbon steel price. However, it is still uncertain whether the real demand of the steel market meets expectations and whether it can be released as scheduled. Real demand should start gradually in the next 1-2 weeks. If the demand can be released on schedule and meet the market expectations, then the price of SA36 steel will be stable, and there is even room for rise. If the demand is delayed or less than expected in the future, the price rise of SA36 carbon steel may fluctuate to a certain extent.