Steel Market Is Unstable

This week, the domestic steel market price fluctuated and became stronger. From the overall point of view this week, as the period is relatively stable in the first half of the week, and the billet price is in a state of small increase, some varieties of quotations began to gradually repair. From the perspective of actual market transactions, it is difficult to improve the demand due to seasonal factors. Therefore, there are also operations in which the merchants hold the side of the warehouse while the current situation is uncertain. Near the weekend, the market rose, with the increase in billet to boost the market mentality, the low-end resources of most varieties rose exploratoryly.