Draft Preliminary Agreement Between The US And Iran

According to the draft preliminary agreement between the US and Iran, the US will implement a 60-day ceasefire on all fronts, and some ships will be allowed to pass through the Strait of Hormuz. Market funds are cautious in their investment, and energy prices such as crude oil have fallen. Domestic macroeconomic policies are relatively mild for the steel industry, while the market has begun to trade based on the supply and demand logic of the industry. Futures prices are adjusting weakly, and the spot market is experiencing sluggish sales at high prices, with some merchants engaging in panic selling. It is expected that steel prices will remain stable to slightly weaker tomorrow, with a range of 0-10 yuan.