Will DNV GL DH32 marine steel plate prices continue to rise

Recently, due to the continued good demand situation, DNV GL DH32 marine steel plate prices have been rising, and the current price of DNV GL DH32 marine steel plate has basically recovered to the level of the end of February 2020 and the beginning of March. However, as the margin of DNV GL DH32 marine steel plate demand growth diminished, the upward pressure on DNV GL DH32 marine steel plate prices gradually became apparent, and the increase rate gradually narrowed. Considering that the current blast furnace operating rate of steel companies has basically recovered to the level of the same period last year, it is expected that the DNV GL DH32 marine steel plate price will continue to rise in the later period with limited space.

The supply side of the steel market is still relatively loose recently, while the demand side is showing signs of tightening. At present, the DNV GL DH32 marine steel plate price is still showing a slight increase due to demand. However, under the trend of strong supply and weak demand, it is expected that DNV GL DH32 marine steel plate prices will continue to rise in a limited space. The specific upside is still subject to market demand.

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