American ASTM A514 steel price rose sharply in the first half of June

In the first half of June, the benchmark steel price index in the Americas was 98.9 points, up 1.3% on a week-on-week basis (the increase converged), up 6.8% on a month-on-month basis (from drop to rise), down 18.4% on a month-on-month basis (the decrease converged), and down 19.4% on a year-on-year basis (the decrease converged).

ASTM A514 steel price rises sharply:
Although novel coronavirus pneumonia cases have exceeded 2 million in the United States, the ASTM A514 steel price has been overturned and rebounded, and the trend of V reversal is very obvious.

At present, the ex factory price of ASTM A514 steel of mainstream steel mills has risen to a relatively high level, which is higher than that at the end of last month.

Data shows that the domestic ASTM A514 steel price in the United States has reached a high in the past two months, and steel mills are trying to start a third round of increase, which leads to general optimism in the U.S. steel market.