It is difficult to increase the price of ship steel in the second half of the year

The commodity market can not escape the fate of cycle, and ship steel is no exception. After the outbreak, China's steel demand continued to rise for about a year, while the price of ship steel rose at the same time, and it has dropped significantly after it reached a record high in mid May.

According to the macroeconomic recovery and the performance of the downstream steel sector, the peak of demand expansion in this round has passed, the global monetary liquidity has reached the turning point, the cycle of steel market has entered the second half, the overall supply is loose in the second half, the policy is stable for commodity prices, and the market performance is expected to be neutral and weak, and the ship steel price is difficult to rise in a trend. Demand is the key factor affecting the market trend. When the pressure of supply and demand weakens periodically and the supporting factors strengthen, the market may rebound periodically.

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