S355J2 carbon steel sheets price will continue to consolidate this week

Last week, the fundamental data of China's steel market showed signs of contraction in output and a slight expansion of inventories. The fundamental link focused more on changes in inventory trends. The short-term focus of the steel market is mainly focused on the following aspects:

1. The inventory link data of S355J2 carbon steel sheets and other steel products presents continuous fluctuations, and it is difficult to have a continuous unilateral trend for the time being, showing the tangled mentality of the market part.

2. The transaction volume of the steel market such as S355J2 carbon steel sheets is still clearly differentiated in various regions, but the core contradiction is that the transaction lacks continuity. From the perspective of apparent consumption, it also shows a trend of fluctuations, but it is still in a strong range from a year-on-year perspective.

3. Market mentality. According to current surveys, mainstream customers are relatively optimistic. In the near future, they will mainly follow the market.

4. There is still differentiation in mainstream market specifications. In the short term, there is a slight excess of low alloy steels such as S355J2 carbon steel sheets in many markets.

5. The pricing of steel mills has begun to differentiate. Although mainstream steel mills have relatively sufficient orders, there are more single discussions. Fixed varieties of materials are temporarily unstable, and order prices may be loosened.

On the whole, the market is still in a relatively volatile and adjusted market range at this stage, and it is expected that the price of S355J2 carbon steel sheets will continue to consolidate.