ASTM A387 Gr 11 Cl2 steel industry is also threatened by economic slowdown

News events: U.S. stocks were washed again, the NASDAQ plunged 4.4%, and it is the largest single day decline in the past 7 years. On the morning of 25th in Beijing, U.S. stocks fell on Wednesday, leading to a decline in technology stocks. The market panic increased, Dow fell more than 600 points, erased this year's gains, and the NASDAQ plunged by about 4.4%. Worries about rising operating costs and global economic slowdown have put pressure on the ASTM A387 Gr 11 Cl2 steel market.

Judging from the data of the U.S. stock market crash, the operating costs of enterprises are rising, the global economy is slowing down, the downstream steel industry for ASTM A387 Gr 11 Cl2 steel consumption reduction, the ASTM A387 Gr 11 Cl2 steel industry is also threatened by economic slowdown pressure.