How long can the high price of carbon steel be supported

As the Spring Festival is approaching, a new round of cold wave hits, construction sites in the north are greatly affected, the transaction volume of carbon steel continues to shrink, the inventory continues to rise, the off-season effect gradually deepens. Meanwhile, it comes across the impact of the black swan epidemic in Hebei, how long can the high price of carbon steel be supported?

The carbon steel market is currently in the off-season in demand. Coupled with the epidemic control, many construction sites in the north are closed early, and market transactions are weak, showing a volatile adjustment market. It is unlikely that the price of carbon steel will fall sharply in the short term.