The steel market is affected by multiple factors, including global economic conditions, steel supply and demand, trade policies and environmental requirements

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 imbalance between supply and demand. Market demand continues to grow in developing and emerging markets, but demand is relatively weak in some developed economies.

Chinese market: As the world's largest steel producer and consumer, the Chinese market has an important influence on the global steel market. The Chinese government has implemented overcapacity reduction policies in recent years to reduce excess production capacity and environmental pressure. This has led to a reduction in China's external steel trade, but domestic demand remains huge.