South Korea's hot rolled steel production will decline this year
Global crude steel output increased by 4.6% year-on-year in June
Global crude steel output in the first half of this year
Global crude steel output in the first half of this year was 925.1 million tons, China accounts for 53.2%!
Market demand will gradually increase in August
Market supply will decline in August
the intensity of environmental protection and production will increase. Entering August, the National Day is getting closer and closer, and the air quality requirements are further improved everywhere.
Rebar prices still rebound in August
Overall, the rebar market is expected to rebound in August, but the premise is that supply declines, inventory declines, and demand rises. This is the key to determining the rebound momentum.
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