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GB/T1591Q345D steel plate market demand is weakening

GB/T1591Q345D steel plate market demand is weakening

Is it another round of roller coaster with the price of GB/T1591Q345D steel plate rising? The industry has different opinions on this. A more consistent view is that demand will slow this year, but it will not be too bad. The vice president of China Iron and Steel Association said that steel demand for this year is expected to remain stable or grow slightly. The weakening of the GB/T1591Q345D steel plate market demand is a very probable event, and there are still many uncertainties in supply. Whether the price of GB/T1591Q345D steel plate is a roller coaster, supply is the key.

More than a month ago, the steel market is expected to be optimistic about the price of the GB/T1591Q345D steel plate, which is shocked by the downward curve of the GB/T1591Q345D steel plate price and the price increase. They are excited again. In the eyes of many industry experts, it is high inventory, weak demand, limited production impact, and the impact of relatively empty and multiple factors at home and abroad.

Analysts believe that factors such as large inventories, large GB/T1591Q345D steel plate production and slow start requirements are exceeding expectations. From another perspective: At least the market risk is released, and the later market will not be too bad; on the contrary, if it continues to rise, it may face the risk of a straight fall. Despite the drop in steel prices, the price of GB/T1591Q345D steel plate is still high

 

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