Analysis of API 5L X52 PSL2 steel supply forecast and sales trend in May

API 5L X52 PSL2 steel supply forecast in May: in April, the enthusiasm of Chinese steel mills is high, and the supply is still growing year on year; After entering may, as the demand side gradually weakens and the prices of raw materials continue to rise, the environmental protection policy is still under high pressure, and it is expected that the release of production capacity will be restrained. In addition, the import tariff adjustment policy for steel products will help reduce the import cost of primary steel products and create favorable conditions for reducing China's crude steel output in the later stage. Therefore, we expect the supply side of the steel market to contract in May.

Analysis of API 5L X52 PSL2 steel sales trend in May: in April, the operation rate of various projects rose, among which the demand of the northern market was released obviously, the operation rate of some areas increased greatly, and the inventory resources digested rapidly. However, as steel prices continue to rise, market fear of heights appears. Since late April, terminal demand in some regions may slow down. After entering may, the effect of centralized construction around the country will weaken, and the return of funds will restrict the terminal goods preparation. It is expected that the national steel demand intensity will slow down.