As of December 3, there are 6 high-risk regions and 22 medium-risk regions across the country. Internationally, the United States, France, Sweden, Denmark, Iceland, South Africa, etc. have successively discovered new strains of infection. The U.S. Treasury Secretary Yellen stated on the 2nd that given that the emergence of the Delta strain at the beginning of this year has caused a serious slowdown in the U.S. economy, it has not been completely resolved so far. The Omi Keron mutant strain may aggravate supply chain problems and curb demand. , Thereby slowing down global economic growth.
Analyst's point of view: Under the influence of the epidemic, supply chain conditions have frequently occurred, breaking the balance of supply and demand in the market, leading to inflation in the short to medium term. When the new strains hit, the economic growth rate will be greatly reduced, and the purchase will be reduced, which will be negative for steel prices in the medium and long term.
