It is difficult for A36 steel prices to rise rapidly in the short term

On the whole, the expected production limit plus capital drive has become the leading factor to boost the rapid rise of A36 steel price before, and the rebound of steel price will be more transmitted from the futures market to the spot market. At present, the trend of A36 steel price is disturbed by funds and policies, and the price trend is not stable.

However, it is certain that A36 steel prices in the short term is difficult to perform the previous rapid rise. However, in view of the recent sustained recovery of iron ore and coke prices, the steel cost platform has been further consolidated. In this case, the possibility of a significant drop in A36 steel prices is also small.