I only have 40 thousand yuan. Can I buy steel?
40,000 yuan, now you can buy about 10 tons of rebar from Hongtai at most (the price of steel is relatively high now), so you must find a manufacturer that can sell it. Wait patiently and choose a time when the steel price is moderate before entering the market! Forty thousand dollars is really hard to do. Steelmaking needs a lot of money, and the amount of money invested is good. (a bit like stocks/futures) 1: It is faster to grasp market information. 2. It is best to grasp the steel price accurately (if a friend from a big steel mill provides you with information). 3. If your principal is small, you can't hesitate in the market. You have no capital to save face with others.