Steel market forecast of this week. Last week the steel market still shows shaking running mode, but it becomes better than that of before. Currently, the steel market fundamentals does not changed largely. And the merchants do not have the great following raise and fall desire.
From the related information, CAMELSTEEL finds some important information about the steel market forecast of this week. Firstly, the USA has implemented the interest increasing policy. And the increasing 25 rates points almost coincides the steel market expectation.
And people forecasts that there is a interest increasing this year. Secondly, some national super data has been shown in succession. People can not find some good market push trend from the related data. The growth speed of most industries shows fall after rise trend and the economic growth starts to fall down.
In the short period, the national steel market fundamentals does not have a great change. And the future market’ rebound basis is not firm. So there still has some risks. At present time, the rebound has finished, but it still have the possibility of shaking adjustment. When people do the operation, please practice more and speak less, make profit of cash flows and try to arbitrage. But the high price variance still support the market.
Zibo Camel Material Co., Ltd. was created in 2009 and focuses on creating famous steel coil brand – CAMELSTEEL. We are professional manufacturer and trading company of metal coil.
Our main products include color coated aluminum coil, prepainted galvanized steel coil, prepainted galvalume steel coil, galvanized steel coil, galvalume steel sheet and corrugated roofing sheet etc.. And they are widely applied in the area of building, household appliances, light industry and decoration etc. , both domestic and foreign markets.