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Prospect Analysis of Steel Market in 2024

Prospect Analysis of Steel Market in 2024

Release time：2023-12-27

In 2023, the spot price of rebar and hot coil period showed an irregular "N" trend. Among them, steel prices rose in the first quarter, due to the frequent favorable policies of the downstream industry of steel, boosting market confidence, pushing up the cost of furnace materials and steelmaking, in addition, market expectations are good, traders are more willing to hoard goods, rebar and hot coil spot prices gradually higher.

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The report predicts that the decline in China's steel demand will slow down in 2024

The report predicts that the decline in China's steel demand will slow down in 2024

Release time：2023-12-27

The results of my country's steel demand forecast for 2024 recently released by the Metallurgical Industry Planning and Research Institute show that with the support of future policies, it is expected that the decline in my country's steel demand in 2024 will slow down.

Steel market "winter storage" to start the third round of coke rise and fall

Steel market "winter storage" to start the third round of coke rise and fall

Release time：2023-12-27

The end of the year has arrived, and the annual "winter storage" in the steel market has also started one after another. A reporter from the Securities Times e Company learned from industry sources that due to the continuous increase in construction steel market prices since November, traders have expected a corresponding increase in this year's winter storage price.

Steel industry to adjust the pace of upgrading to accelerate

Steel industry to adjust the pace of upgrading to accelerate

Release time：2023-12-27

Since the beginning of this year, the national economy has rebounded for the better, the steel industry has shown strong development resilience, and the overall operation is basically stable, but it also faces certain difficulties and challenges, and the foundation for operation recovery still needs to be consolidated.