Steel Price Trend in November

In November, driven by favorable policies and a series of events, the steel market may have a slight improvement in fundamentals, and steel prices are expected to emerge from a strong operating situation in the shock. It is recommended that steel mills have marginal contributions to actively produce and sell, flexibly adjust product structure, actively digest high price raw fuel stocks, traders reduce the spot or futures positions built in October, in the case of a certain margin of safety, flexible rolling operation, terminal enterprises according to the need to appropriate inventory, patiently wait for arbitrage opportunities.

Our updated price list for November, please feel free to contact us.