Will the price of A588 grade A weathering steel be stable tomorrow

Will the price of A588 grade A weathering steel be stable tomorrow

Affected by the weak shocks of futures, the bullish sentiment in the billet market dropped rapidly, the support strength at the cost side was weakened, the futures continued to fluctuate, the high-level trading in the steel market was poor, and A588 grade A weathering steel traders mostly followed the market and shipped at low levels. After the reduction, the steel market was flat, the merchants' mentality was mainly wait-and-see, and the downstream demand was generally weak.

The market is affected by the off-season effect, and the operation is more in line with the market. With the arrival of the peak season of steel market, the trend of seasonal demand increase will be steadily improved. Many A588 grade A weathering steel businesses are not willing to sell at too low price. It is predicted that the price of A588 grade A weathering steel will be stable, and individual downward adjustment will be made in the future.