X65 grade steel price may rise first and then fall in 2021

In 2020, the price of X65 grade steel fell first and then rose, and it experienced two rounds of pulse rise after March. From April to August, the price rise of X65 grade steel was mainly driven by the rush demand after the resumption of work and production. In September, under the influence of uncertainty factors such as the U.S. election, there was a wave of correction. But X65 grade steel price rose again in the fourth quarter and reached a new high in recent years.

Looking forward to 2021, as the scope of vaccine injection expands, the epidemic will be further controlled and economic order will gradually return to normal. In the post-epidemic era, demand will gradually return to normal, but at the same time the loose monetary environment created by the epidemic will also return to normal. In 2021, the price of X65 grade steel may first rise and then fall, forming a pattern of high middle and low ends.