What is the reason for this round of A612 steel price increase

This round of A612 steel price increase mainly includes several reasons:

1) The global economic recovery has formed a resonance, and the accelerated release of demand drives up prices.

2) The fiscal and monetary policies of major economies are both loose, and inflation has led to an increase in the cost of raw materials and fuels.

3) Inflation in Europe and the United States has intensified and transmitted and radiated to the world, leading to an overall increase in global commodity prices, including steel.

4) The important measures for the dual control of production capacity and environmental protection and production restrictions have increased the market's production cut expectations, and boosted the sentiment of the A612 steel price.

5) The traditional peak season of domestic steel consumption is superimposed on the rapid recovery of the international market, and the demand side steadily supports the growth of steel consumption, which in turn promotes the continuous increase of steel prices.

In addition, the steel industry, as an important body responsible for carbon emissions, is expected to increase the cost of carbon, superimposed on the increase in the price of bulk raw materials, and to a certain extent support the increase in the price of A612 steel from the cost side.