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The market situation of ASTM A572 high tensile steel
Judging from the sentiment of ASTM A572 high tensile steel traders in the mainstream area of the market, at this stage, the main issue is to sell goods, and there are problems in periodic de stocking. At the same time, in August, only some upstream steel mills released the maintenance plan, and the supply pressure of ASTM A572 high tensile steel remained at a high level. With the supplement of imported billet resources, the short-term production reduction of ASTM A572 high tensile steel is unlikely.
The signs of supply and demand dislocation of ASTM A572 high tensile steel have a prominent trend in the near future. In addition, according to the recent trend of related hot coils (3782, 15.00, 0.40%), the relative strength of hot coils may affect the distribution of hot metal for medium plates such as ASTM A572 high tensile steel and hot coils. In the short term, there is no obvious pressure on the market as a whole, and the price of ASTM A572 high tensile steel is expected to show a pattern of shock adjustment.