If the ore price is not falling, see the steel industry advance into the “winterâ€
2023-04-06 22:08:04
With the end of the National Day holiday, we first saw the gasoline's “premature†decline. This may be the only thing the car owners would like to talk about after the long holiday. However, the “iron ore†of steel enterprises has always been the price, but the price has never been loosened. Together with the price of coal that has caused steel companies to suffer, the steel industry has entered the “winter†period in advance.
According to the reporter's understanding, with the forced appreciation of ***, our economy has also been affected accordingly. However, as the pillar of the country's economy, the steel industry is also unable to escape the impact of shocks, and the future steel prices may fall into a short-term weak trend. In addition, China's steel industry is facing a high growth in production capacity and a low growth market. The price of steel products has been declining all the way. This has caused Chinese steel companies to make difficult advancements in industries with high ore prices and low steel prices.
After the National Day, it means that it officially entered the fourth quarter. Steel traders also look forward to the saying that “Golden 9 Silver 10†sales will be fulfilled. However, due to numerous unfavorable factors, the steel market will either appear “not to flourish in the busy seasonâ€.
In October, the weather turned cold and it was a good time to enjoy the red leaves. But when you are obsessed with the red leaves of the mountains, you will encounter a cold spell from time to time to make you tremble. The reporter believes that with the beginning of seasonal coal storage, the national thermal power stations will gradually start the 'coal war' to prepare for the winter. Coal prices will also show seasonal growth, and coking coal and coke prices will also increase. As a result, the profits of iron and steel enterprises that consume large amounts of coke and coking coal have been further squeezed, which can be said to be aggravating the steel industry, causing the steel industry to advance into the "winter" period.
According to the reporter's understanding, with the forced appreciation of ***, our economy has also been affected accordingly. However, as the pillar of the country's economy, the steel industry is also unable to escape the impact of shocks, and the future steel prices may fall into a short-term weak trend. In addition, China's steel industry is facing a high growth in production capacity and a low growth market. The price of steel products has been declining all the way. This has caused Chinese steel companies to make difficult advancements in industries with high ore prices and low steel prices.
After the National Day, it means that it officially entered the fourth quarter. Steel traders also look forward to the saying that “Golden 9 Silver 10†sales will be fulfilled. However, due to numerous unfavorable factors, the steel market will either appear “not to flourish in the busy seasonâ€.
In October, the weather turned cold and it was a good time to enjoy the red leaves. But when you are obsessed with the red leaves of the mountains, you will encounter a cold spell from time to time to make you tremble. The reporter believes that with the beginning of seasonal coal storage, the national thermal power stations will gradually start the 'coal war' to prepare for the winter. Coal prices will also show seasonal growth, and coking coal and coke prices will also increase. As a result, the profits of iron and steel enterprises that consume large amounts of coke and coking coal have been further squeezed, which can be said to be aggravating the steel industry, causing the steel industry to advance into the "winter" period.
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