Steel price trend

China Business Intelligence Network News: In June, steel production dropped slightly, but still remained at a high level. Steel prices continued to fall, and the rate of decline narrowed from the previous month. Among them, steel prices rose in the first week, and fell slightly in the next three weeks. By the end of June, it had fallen below the level at the end of May. Since July, the price of steel has turned from falling to rising
With the gradual recovery of my country's economy, the growth trend of the steel industry will weaken in the second half of the year. Due to the pressure of steel production to reduce and restrict production, the tight market is expected to rise in the later period, and steel prices will be adjusted accordingly with changes in supply and demand.

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