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Building steel market in 2017

June 2, 2017No CommentsCAMELSTEEL

Building steel market: As it well known, “intermediate frequency furnace” and “strip billet steel” are hot focuses in 2017.

     

             intermediate frequency furnace                                                    strip billet steel

Accordingly, the building steel market is fiercely discussed by the public. Most plants name the 2017 as “the year of building material”. As what is expected, the steel market neither flourishes in peak season nor weakens in slack season led by the building steel, which goes against traditional market situation.
In May, supply is still expected to increase, yet, it does not increase too much. As weather becomes hotter and hotter, demand gradually decreases in slack season. Also, goods arrival situation in southern China is not as good as expected due to rainy season. Thus the total demand suffers pretty bad news.
According to the analysis of market appraiser in CAMELSTEEL, it is predicted that the market in June will suffer intense competition. Price will fluctuate at highs in the short term. The periodical influence of slack season effect may weaken. However, it is predicted that steel plant will keep running with high profits in a long term.

 

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Previous post PPGI steel sheet roofing materials are equipped with organic coating Next post Building steel market needs to avoid risks facing slack season

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