How much impact will the off-season demand have on weather-resistant steel plates?
Dec 16, 2023
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How much impact will the off-season demand have on weather-resistant steel plates? The economic power is increasing, the structure is continuously optimized, the profits of steel mills have increased significantly, the willingness to increase production is strong, steel exports are picking up, supply pressure is still high, environmental protection inspections are spreading, social inventories continue to fall, the market is rising again, high temperatures continue in the north, and rain continues in the south , the demand off-season is approaching, and the steel market is turbulent and weakening. What impact will it have on weather-resistant steel plates?
In the short term, the overall weathering steel plate market will be relatively healthy. Although the current overall steel inventory is higher than the same period last year, especially for building materials, it is about 30% higher. Although the impact of environmental protection policies on the supply of steel has been "thundering and raindrops" "Small" suspicion is even a high probability situation. Although there is a real situation of seasonal weakening of demand, the saying "confidence is gold" will still be effective in supporting the steel market in the short term. The current mentality of the domestic steel market is normal. It is even optimistic. If there are no sudden major negative factors, steel prices will remain high.
In terms of weather-resistant steel plate prices, data show that as of June 8, the average price of 5mm weather-resistant steel plates in 10 key domestic cities was 4,900 yuan, an increase of 7 yuan from last Friday and an increase of 111 yuan from the same period last month. In terms of inventory, as of June 8, the total inventory of hot-rolled coils in 29 key domestic cities reached 1.7396 million tons, a decrease of 30,300 tons or 1.72% from last Friday, a decrease of 14.46% from the same period last month, and a decrease of 14.46% from last year. It was 23.55% lower during the same period.

