🌍 Global Market Overview
📈 Price Trends
Recently, global export quotes for steel products have shown a slight upward trend, driven primarily by the following factors:
Rising prices for scrap steel and raw materials
Production cuts and maintenance shutdowns at steel mills in certain regions
Fluctuations in maritime freight rates
Trend Analysis
Domestic demand is undergoing a moderate recovery, and the commencement rate of infrastructure projects has increased.
Exporters are facing scrutiny for under-declaring customs values; consequently, rising compliance costs are driving up export quotations.
Exports of steel plates and sheets are expected to see a modest rebound, though the sustainability of this trend remains to be seen.
💡 Advice for Buyers
Current price levels remain relatively low; buyers with inventory replenishment needs are advised to complete their purchases before May to avoid the impact of potential sustained price increases in the coming period.