There are still some uncertain factors in the market to suppress the increase in the price of ductile iron manhole covers
This week, some 38 blast furnaces in Tangshan Iron and Steel Plant were repaired, and the repair volume was the same as last week. Most of the blast furnaces in the Tangshan region that have limited production during the heating season have resumed production, and the rest of the production-limited blast furnaces have already been resumed. The steel mills will resume production according to the production plan. It is expected that the blast furnace capacity utilization rate in the Tangshan region will continue next week. Small upward trend.
As the temperature continues to rise and outdoor construction sites continue to increase, the demand for building materials will be the first to start, which will lead to the overall improvement of the steel market. The downstream productivity will be sufficient, and the purchase of billets will be positive. In addition, domestic demand will continue to be released, which will give greater support to the steel market. In addition, under the situation of continuous decline in social inventory, the phenomenon of uneven resource specifications is increasing, manufacturers are firm and willing to offer prices, but the sentiment is obvious.
However, there are still some uncertain factors in the market that suppress the increase in the prices of ductile iron manhole covers, such as the environmental protection issue and the incomplete implementation of the Sino-US trade war. These will affect the trend of steel prices. At a high level, some traders still maintain a cautious attitude, and fear of heights is gradually emerging. It is expected that slabs will have little effect in May. Therefore, it is recommended that customers have a small amount of supplies when the funds are sufficient. It's advisable to stock up supplies and fast in and fast out.