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Will steel fall in the second half of 2022?
Hello, dear. Will continue to fall. In 2022, there will still be a significant decline in steel. After the previous crazy inflation and rational callback, the market panic has been released to a certain extent. However, the steel market will eventually return to reasonable demand, whether it is inflation caused by the sharp depreciation of the US dollar or the suspension of production and production in the context of domestic carbon neutrality. But at present, there will still be a significant decline in steel products, and there may not be a significant increase for a long time. 2. Although there will be a significant decline in steel in 2022, it will still exceed the historical level. With the country's sudden efforts to rectify coking coal and coke speculation, the double-focus futures market ushered in a sharp drop today. In addition, coal supply and price stability policies continue to exert their strength, which is believed to be transmitted to the spot market in the short term, prompting coal prices to return to the normal range. As a result, the market growth rate continues to slow down, the demand shrinks, the market turns to wait and see, and the air force dominates. It is expected that the short-term steel price will decrease steadily.