Steel traders expect the "Golden Three" steel market to recover

How will the steel market trend after the Spring Festival? Can the steel market pick up this year? These are the most talked about topics in the steel circulation field after the Spring Festival holiday. According to professional analysis, steel market prices will fluctuate slightly after the Spring Festival and are expected to gradually pick up in March.

Entering March, the cold and hot-rolled coil sheet market is expected to pick up, and prices will gradually rise. Judging from the trajectory of the steel market over the years, under normal circumstances, steel demand has been significantly released in March and April compared with January and February. The intensity of "steel demand" has increased, market transactions are active, and steel prices are easy to rebound. According to analysis, the demand for "gold, three, silver and four" steel products this year may be stronger than in previous years. Judging from the positive signals released by the two sessions in various places, many places have clearly defined their GDP targets for 2024 and formulated a series of policies to stabilize growth. Some places have also introduced policies to promote enterprises to resume production and reach capacity after the Spring Festival.

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