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How Did The Market React To The Price Drop?

Mar 03, 2021

Recently, the price of 201 cold-rolled rolled products has repeatedly fallen, and the market transaction atmosphere is even more difficult to explain. Many traders reported that the transaction was dismal this morning and there were almost no orders. Some merchants said: Regardless of other factors, as long as there are more goods in 201, the price will inevitably not rise, and the transaction will naturally not be good.

In terms of hot rolling, the market reported a good deal in five-foot hot rolling yesterday afternoon, and the processing orders are already in the next week. However, because the current market inventory is still relatively large, the price cannot rise temporarily.