Monthly Flat Steel Market Report May 2024
2024-06-07 13:51:34 【Print】
The following is a brief synopsis of the report. Your access is restricted as it is a subscription based service.
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1. Market Highlights
The demand from downstream industries remained soft, and end users kept cautious about purchasing during the month, believing prices for flat steel unlikely to go up. Meanwhile, the purchasing activities of steel mills increased boosted by the recovering profits. The series of stimulant policies on the property industry strengthened the confidence of market participants to some extent.
Meanwhile, the international flat steel market ran slowly during the month, and the demand remained weak in most countries.
The demand from downstream industries remained soft, and end users kept cautious about purchasing during the month, believing prices for flat steel unlikely to go up. Meanwhile, the purchasing activities of steel mills increased boosted by the recovering profits. The series of stimulant policies on the property industry strengthened the confidence of market participants to some extent.
Meanwhile, the international flat steel market ran slowly during the month, and the demand remained weak in most countries.
