Since the beginning of spring this year, steel prices have shown a trend of sustained growth. By April, the price of steel increased by 1 1,000 yuan per ton. It was thought that the steel price would fall back in May, but after the May Day holiday, the domestic steel price rose rapidly.

It is unlikely that the price of 202 1 steel will be lowered. Because steel prices rose slightly in March this year, steel prices have soared since late April, and steel prices were even higher in early May than in April. In addition, according to the latest China Steel Price Index Weekly, the rebar price index in the west was 5 146 yuan ton at the end of April, nearly one ton higher than that in 400 yuan at the end of March.

Tips:

1. The above information is for reference only, and no suggestions are made.

2. There are risks in entering the market, so investment needs to be cautious.

Reply time: 202 1-06-28. Please refer to the latest business changes announced by Ping An Bank in official website.

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