The price of Bright Polished SS 431 Stainless Steel Round Rod On Sales has been the focus of industry insiders, and the price of this product fluctuates slightly.
A few days ago, the response to this product in the northern market was relatively cold, with many companies purchasing less volume, while in the south, the demand for this product was not satisfactory because of the more weather changes in May and June.
Even so, with the gradual release of good news, although the current market of Bright Polished SS 431 Stainless Steel Round Rod On Sales has not accumulated a lot of good news, it is basically impossible to see big ups and downs in a short period of time, but on the whole, Consolidation is still possible. Next, we need to pay attention to the following developments:
1. The rate cut and RRR cut will have an impact on the stainless steel market, but the impact this time will bring better driving force than the previous rate cuts and RRR cuts. The reason why steel futures will fall is because of the impact of the decline in the stock market.
2. For the spot steel market, it will not be greatly affected by the futures market, so the price of spot steel has not fallen much, but it is relatively stable, and even the ex-factory prices of some varieties of steel have rebounded slightly. However, it is still uncertain how wide the scope of these small increases, how long they will last, and how strong they will be.
3. In addition, with the improvement of steel mill products, the speed of delivery is accelerated, and the current "weak balance" between supply and demand is easily broken. If the subsequent purchases are not as expected, the purchase volume will not be large, which will As a result, supply and demand will return to a more balanced state, and the market will return to rationality.