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Policy helps stabilize steel market confidence!


The Central Economic Work Conference of the Communist Party of China proposed to carry out moderately advanced infrastructure investment, as the city implements policies to promote a virtuous circle and healthy development of the real estate industry. It is expected that later infrastructure investment will receive strong support and the real estate market will achieve a "soft landing". The warmer policy will help stabilize market confidence.

From a fundamental point of view, the recent stocks in the steel market have gone smoothly, but the winter storage is approaching, traders are not willing to chase the increase, and downstream terminals are still purchasing on demand. Under the game state of upstream and downstream enterprises, short-term steel prices may fluctuate.