Views: 3 Author: Ruiyang company Publish Time: 2021-04-16 Origin: SHAANXI RUIYANG IMPORT AND EXPORT CO.,LTD
After Chinese New Year OX year,steel price keep rising,actually since end of 2020 year the steel price rising slowly.
Some news say prices are spiking to unsustainable peaks in 2021 Steel prices will spike in the first quarter but fall rapidly over the following months. But till now it is middile of April,2021 the steel price also keep rising. Seems All products are rising rapidly. Rapid construction and industrial recovery from COVID-19 lockdowns outpaced sluggish capacity restarts, so supply is temporarily tight.
More Chinese Carbon release policy will increase the supply and purchse out of balance.
The earlier you make decision to place order,the earlier you could avoid the risks.
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