Looking forward to China's steel market in May, carbon neutralization and environmental protection production restriction will still suppress the medium-term supply of steel, but in the short term, stimulated by high profits, API 5L X65 PSL2 price has the risk of periodic recovery.
On the demand side, the data of real estate and infrastructure remained resilient, but some leading indicators began to weaken; Manufacturing investment began to stabilize in March, and there is a high probability that it will continue to strengthen in the later period. In the short term, the steel market is facing the problem of price transmission. Therefore, the medium-term rise of API 5L X65 PSL2 steel price will not change, but may faces the risk of correction.
Just like you, 70% customers choose long-term cooperation with BBN steel not only for our good product and service quality, good reputation in the international market, but also for our experienced one-stop raw material supply and further steel processing!
Henan BEBON Iron&Steel co.,ltd.
Language
Online Consultation
