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What is the price trend of CCS grade E steel in June

Posted:2021-06-07 11:37:19

Market: demand increased month on month, CCS grade E steel price rebounded at a low level.

Cost: raw materials rise and fall, cost center moves down.

Supply and demand: supply is relatively stable, CCS grade E inventory decline narrowed.

Macro economy: stable operation, moderate policy adjustment.

Comprehensive point of view: bid farewell to the sharp rise and fall in May, and enter June, the domestic CCS grade E steel price ushers in a restorative rise, and the restrained demand in the early stage is also released to a certain extent. In the process of CCS grade E price recovery, some shadowy news is still disturbing the capital market, leading to frequent fluctuations in traders' sentiment and disorderly price changes. All kinds of signs show that the spot market has not fully recovered its rationality.