Industry News

Steel price fluctuations: Due to changes in market supply and demand, steel prices have experienced large fluctuations in recent times. Sometimes prices rise and sometimes prices fall, and market participants need to pay close attention to market trends.

Excess production capacity in the steel industry: The global steel industry faces the problem of overcapacity, which keeps steel prices at relatively low levels. Some countries and regions have begun to implement production reduction plans to deal with the challenge of excess production capacity.

The steel market is affected by multiple factors, including global economic conditions, steel supply and demand, trade policies and environmental requirements. Here are some common views on steel market conditions:Global market situation: The global steel market has always been in a state of