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The international steel market will present shock differentiation in October

In September, the global steel market was slightly divided. In Europe, the manufacturing industry expanded steadily, the price of flat products continued to rise, and the market price had reached the level at the beginning of the year; the second outbreak of the epidemic, the economic recovery or slowdown, and the steel market may fluctuate at a high level in the later stage.

In the North American market, the supply is tight, the recovery of manufacturing industry is accelerated, and the steel market rebounds sharply. Affected by the election, the epidemic situation is uncertain, and the steel market may be stable and strong.

In the Asian market, China's domestic demand is weaker than expected, leading to price fall, but the overall demand is good, and the market price in other regions is rising steadily. As the steel price has reached a relatively high level and the cost support is weakening, the market may fall down steadily in the later period. Looking forward to the future, it is expected that the international steel market will present a shock and differentiation operation pattern in October.