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Steel consumption is weakening and winter storage starts steel plate

Under the rush of real estate enterprises, the actual demand for steel material is weakening, but it continues to be better than previous winter and market expectations, making the output higher than previous years, but the steel stock has not accumulated substantially. At present, compared with previous years, the absolute value of steel stocks is lower, the speed of accumulating is slower, the beginning time of accumulating steel stocks is later, and steel traders are relatively cautious about winter storage. Therefore, the height of accumulating steel stocks before the Spring Festival is lower than last year.

It is less than a month to the Spring Festival. With the introduction of winter storage policy, the adjustment of steel prices and the slight improvement of market demand judgment in the background of lowering standards, steel traders began to store steel materials in winter. Steel stocks were transferred from steel mills to traders. The stock pressure at the end of steel mills was low and the willingness to bid was strong, which supported the trend of steel prices.

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