Steel inventory has entered the prespring festival before the reservoir stage,the late inventory continued to pick up.
Raw material demand has the right amount of restocking behavior, but there is no continuity, steel market supply and demand still continue two weak pattern. Monetary policy directional easing to help the market abundant capital, futures market confidence to boost, the base difference sticker has been repaired, to form a support for the spot market.
Because of good policy regulation, it is expected that short-term steel market or concussion mainly,some varieties have a small rise.
Before the holiday market prudent psychology dominates, steel traders and terminal restocking are not many, after the holidays have been released. And in previous years before the Spring Festival also has the habit of mending the bank, this year’s Spring festival is ahead of previous years, to give a certain purchase of the conditions of the stock support.With the centralized release of terminal demand after the festival, there will be a significant increase in raw material prices.
The raw material cost will be keep updated....
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