In 2020, the global new crown pneumonia epidemic broke out. China took the lead to control the epidemic. The demand for AR450 plate has recovered rapidly, the steel price difference between internal and external prices has widened, the number of steel imports has increased significantly, the number of exports has decreased significantly, and the net export volume has hit a record low in nearly 9 years.
The impact of imported steel resources is an important reason to suppress China's AR450 plate prices in 2020. Looking forward to 2021, with the vaccine put into use, under the background of global economic recovery, the replenishment cycle of overseas manufacturing industry starts, and the recovery of external demand is an important growth point of China's AR450 plate demand in 2021.
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