Forecast of 51CrV4 flat steel market this week

Last week, the continuous rise of futures and steel billets boosted the business mentality of merchants. The downstream was boosted by this, the market trading atmosphere was warming up, the shipment volume was large, and the market price mainstream was greatly pulled up. However, with the tension between China and the United States, the futures market is expected to have a high drop. In addition, the price of 51CrV4 flat steel has continued to rise rapidly, and the downstream purchase on demand, so it is difficult for 51CrV4 flat steel price to continue to rise strongly. Considering the current iron ore, etc. cost side support is relatively strong, 51CrV4 flat steel mill has strong willingness to maintain price stability at high level.

However, the fundamental supply pressure brought by plum rain season is still in place, which will affect the upward space of 51CrV4 flat steel price in the future. On the whole, the expectation is ahead, and the demand has a certain toughness. The 51CrV4 flat steel mill's shipment accelerates to support this round of rise. However, with the continuous upward trend of 51CrV4 flat steel price, if the demand can not be released continuously, the rising trend will gradually slow down. At present, the high price transaction acceptance is limited. It is expected that 51CrV4 flat steel will be in condition of high price but weak demand this week, and 51CrV4 flat steel market will be adjusted in a narrow range.