Steel prices hit a ten-year high, can it fall back?

I still remember that at the beginning of March last year, the price of steel plate was 4500 yuan per ton, and it rose to 6000 yuan per ton at the end of 20 years. From late March to early April in 21, the domestic steel market rose violently, and the price of steel plate successfully exceeded 6000 yuan, a new high in nearly 10 years. Key special steel cabinet small make up without doubt, according to this, there is still hope that the price of steel plate down?

According to the news issued by the national development and Reform Commission on April 1, the national development and Reform Commission and the Ministry of industry and information technology will organize and carry out nationwidelooking back" inspection on steel de capacity and crude steel output reduction this year, so as to guide steel enterprises to abandon the extensive development mode of winning by quantity and promote the high-quality development of the steel industry. Domestically, new infrastructure projects continue to drive overall steel demand. Since the beginning of this year, major projects in various provinces and cities have been implemented one after another, with intensive construction of new and under construction projects, including inter city railway construction, charging pile, 5g base station, etc. Overseas market demand rebounded more than expected, key special steel cabinet Xiaobian said that it is expected that China's steel exports will rebound to the historical median level this year, bringing about an increase in demand of about 40 million tons. Thanks to the sharp rise in steel prices, steel enterprises are making a lot of money, while domestic steel enterprises are making a lot of money. Looking forward to the next ten years, the key special steel cabinet editor thinks that the present is the starting point of the new prosperity of the steel industry.

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