The weekend price forecast of Q275 strip steel and Q275 hr steel coil

The weekend price forecast of Q275 strip steel and Q275 hr steel coil

The weekend price forecast of Q275 strip steel: rise steadily
The bottom of the future Q275 strip steel has rebounded, the market has a strong wait-and-see atmosphere, businesses operate cautiously and steadily, the downstream demand is limited, there are many rainstorms, which affect the progress of the construction period, and the transportation is not smooth, but the Q275 strip steel enterprises continue to pull up, the cost  support remains, and the Q275 strip steel price is still supported. Considering the poor demand but the cost end support remains, it is expected that the price of Q275 strip steel will rise steadily at the end of the week.

The weekend price forecast of Q275 hr steel coil: steady rises and falls
The early news of Vale led to the surge of iron ore futures, driving the spot market to keep pace with it. After that, the futures fluctuated unsteadily, and most of the Q275 hr steel coil stocks were in a stable state. However, there were many different business operations, some of which were low-level shipments. In addition, the Q275 hr steel coil demand turned weak, and the market's return speed was hard to recover. The Q275 hr steel coil production increased slightly, but the factory and warehouse did not grow significantly. The price policy of the steel mill was relatively firm, and the demand turning point was not yet reached to. It is expected that the market price of Q275 hr steel coil will fluctuate over the weekend.