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What is the trend of steel prices in the first half of 2023
Time: May,29,2023


1. It is very challenging to predict future steel price changes. Because prices are affected by many factors, including supply and demand, policy, economic conditions, etc. According to the current market situation and historical trends, the price of some steel varieties may change, but the specific price adjustment range and trend also need to consider multiple factors.

 

2. In general, steel prices in 2023 should be higher than they are now, but the actual figure is not easy to predict. Therefore, changes in steel prices can occur at any time, and it is necessary to pay close attention to market conditions in order to adjust sales strategies in time and find the best purchase opportunities.

 

3. Steel demand will recover 0% growth to 114.7 billion tons, which may briefly rise back. It is estimated that the demand side of the steel market will come out of the L pattern in 2023 and stabilize after experiencing a sharp decline in 2022. That is to say, the domestic steel supply and demand relationship or basic balance in 2023 will not have much impact on the price trend of steel.

 

4. At present, the price of scrap steel plate on the market fluctuates between 2,000 yuan and 3,000 yuan per ton, and the future price may be affected by many uncertain factors and may rise or fall. However, considering the continued development of the global economy and the demand for infrastructure construction, the overall trend of scrap steel plate prices may stabilize or rise slightly in the future.


5. Steel prices can decline in 2023. Steel will largely decline in 2023. The rational pullback after the crazy surge in the early stage, and to a certain extent, released the panic of the market.

 

6. Price trend prediction Market analysis According to data released by the National Bureau of Statistics, in March 2021, the domestic steel price index was 143, up 2 percentage points from the previous month. Among them, the rebar price index was 142, up 7 percentage points from the previous month.


Sichuan steel structure workshop according to the fixed amount of 10 points, if it is a full fixed amount of pricing can be, if not, it is another matter, each city is priced differently, according to local policy negotiation.


However, based on current market conditions, steel prices should rise between 2020 and 2023. Due to the insufficient supply of raw materials, prices will remain high. In addition, with the introduction of national policies, market competition will also intensify, thus affecting steel prices.