Will the steel plate go up on May 5th?
To sum up, China Steel Network analysts believe that the recent rebound in steel prices is mainly driven by the sharp rise in mine prices, and the support from terminal demand is not strong. Since last Tuesday, with the high price of ore, the black industrial chain futures have turned down again, the mentality of merchants in the spot market has returned to caution, and domestic steel prices may stabilize in the short term.