From a macro point of view, domestic steel prices have fallen sharply, and so have the prices of domestic steel products, because there has been a problem of overcapacity, and the price of iron ore, the main raw material, has also fallen.
China's slowing economic growth is curbing the country's demand for steel and iron ore, which has brought the prices of these two commodities down to a few months low and put the expansion plans of global iron ore producers at risk. It is expected that the trend will not change in the next few months, because there is too much production capacity and the speed of industry integration is too slow; At the same time, the problem of oversupply of iron ore has also increased, indicating that its price will continue to fall.
Precautions:
1. Steel bars are generally transported in the form of bare bundles, and attention should be paid to moisture prevention during storage. Corrosion will adversely affect the performance of steel bars.
2. The quality of finished rebar varies with the metallurgical smelting heat and the technological conditions of hot rolling batch, and the heat number and batch number are the basis of sampling inspection. Therefore, import and use departments and storage departments should pay attention to keeping the marks on the goods, and export enterprises and foreign trade departments should also distinguish batches and furnace numbers according to the standard requirements and provide quality certificates.