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Steel market price forecast of A283 Gr C tank steel coil on June 23

On June 22, the average price of A283 Gr C tank steel coil in China was up compared with the previous trading day. In the early morning of yesterday's trading, the A283 Gr C tank steel coil prices of merchants in the spot market rose. After the rise, the trading was normal. In the afternoon, the A283 Gr C tank steel coil prices of merchants in some regions were slightly loose. With the price loosening, the demand for speculative stock replenishment in the market increased significantly, and the trading was also improved.

However, the actual terminal demand for A283 Gr C tank steel coil did not change much. The demand for on-demand procurement was maintained, and the willingness to stock up was basically not there. The overall situation was maintained, and the stock decline was stable. In the short term, the price of A283 Gr C tank steel coil still maintains a strong shock operation.

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