API 5L grade B PSL2 demand released in April

API 5L grade B PSL2 demand released in April

In April, the peak season of China's steel market is very obvious. The demand for steel in various places has been released to varying degrees. Coupled with the disturbance of environmental protection factors and the promotion of capital market, the price of API 5L grade B PSL2 steel in various places has risen sharply, and China's steel index has reached a new high since 2008.

In this process, the supply and demand of API 5L grade B PSL2 show a trend of ebb and flow: in the supply side, due to the sharp rise of profit margin, the enthusiasm of steel production is rising, especially the output of EAF steel is rising rapidly; On the demand side, as the market price center continues to move up, the capital pressure of end users increases, and the pace of demand release slows down.