How will production restriction affect later trend of EN S355JR steel plate price

In November, under the influence of adverse weather, the environmental protection and production restriction policies were promulgated one after another. With the implementation of environmental protection limited production, the release of iron and EN S355JR steel plate etc. steel capacity will be restrained to a certain extent. Starting from mid-November, with the development of production restriction in heating season, iron and EN S355JR steel plate etc. steel production will decline, and the reduction of supply pressure will support the market.

But in November, the northern region of China will gradually enter winter, and demand will gradually weaken; and with the flow of North EN S355JR steel plate etc. steel into the South, market pressure in the southern region will increase. Therefore, it is expected that the EN S355JR steel plate included steel market will show high volatility in November.