The effect of China US relationship on 42CrMo4 material price

On the morning of August 25, the China US comprehensive economic dialogue began. The leaders of the two sides held a constructive dialogue on strengthening the coordination of macro-economic policies between the two countries and the implementation of the first phase of Sino US economic and trade agreements. The two sides agreed to create conditions and atmosphere to continue to promote the implementation of the first phase of Sino US economic and trade agreement. "The Sino US dialogue released good news and boosted confidence of 42CrMo4 material etc. steel exporters for a short time. However, the situation between China and the United States is still uncertain, and the Sino US game is still continuing.

The 42CrMo4 material price was still stable yesterday. Affected by futures, the 42CrMo4 material price rose in the morning and fell in the afternoon. The market mentality was calm and merchants were mainly cautious in shipping. The trading atmosphere was improved. In view of the relative balance between supply and demand and the high level of raw materials, the 42CrMo4 material price is expected to be stable today.

At present, the situation between China and the United States is still one of the major uncertain factors affecting the market. In the case of high output, high demand and high expectation, the decline of 42CrMo4 material price is limited. After short-term fluctuation adjustment, the 42CrMo4 material price will inevitably show a high-level fluctuation and climbing trend.