Will ASTM A514 high yield strength steel market expectations improve in September

Looking back at the steel market last week, the steel market showed a slight increase, so it is with ASTM A514 high yield strength steel. The composite steel price index rose by 22 points. Among them, the cold and hot rolled steel rose by 111 and 19 points, the medium plate rose by 8 points, and the thread and wire rods rose by 11 and 17 points; in terms of raw materials and fuels, the iron ore dollar index rose slightly by 5.2 points, the scrap steel price index rose by 5 points, and the coke price index rose by 40 points.

Looking ahead to the ASTM A514 high yield strength steel market this week, it may show a trend of turbulent operation. The main reasons are: first, the high temperature and rain in some areas will still affect the demand for construction materials, which will put pressure on steel prices; second, the price of iron ore is in a variety of ways. Under the influence of factors, it may be under pressure, or face callback pressure, or drag down the material, but coke is still expected to rise; third, the market generally believes that steel demand will rebound in September, and ASTM A514 high yield strength steel market expectations will improve.