Successful Conclusion of Moscow Tube Fair
Time flies, a new week is coming soon. In this steadily advancing 2019 year, the second exhibition activity attended by Tianjin Xinyue Steel Group has come to a successful conclusion.
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During the inspection process, the customer gave us a favorable review of our pipes, and we professionally touched the customers. The customer stated that they will quickly decide the purchase demand after returning to China, and hope that we can give the best price.
The steel market contrast in the first half of the month and the second half of April is obvious. What are the main reasons?
the Brazilian government agrees to the resumption of the Valutu mine in Vale, which has an annual production capacity of 30 million tons, which plays an important role in shutting down the mine. A sharp advance, confidence in the bears is a big setback.
How is the steel supply and demand situation in May?
Demand is growing in April, supply is also growing, and supply and demand are in balance. We expect this situation to continue in May. In May, the entire steel market will show: high output, high demand, low inventory, short-term steel There is little contradiction between supply and demand.
Will there be any change in the raw materials market such as iron ore and coke in May?
The surge in iron ore prices due to the Brazilian mine disaster is a significant shift in the steel market this year, and this factor will continue during the year. Therefore, the supply of iron ore needs to be continuously concerned.
What is the trend of the steel market in May
Considering that the previous steady growth policy will continue to drive demand, the macro-control policy will not turn in the short term, the environmental protection and production will be tightened in stages, and the high-priced mine will also inhibit the release of production capacity.
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