Will 40Cr structural steel market keep stable in the short term

This week, the 40Cr structural steel market is mainly stable and remains basically unchanged. As the end of the year is approaching, as terminals continue to work on holidays and shutdowns, market demand is very limited. The overall transaction of 40Cr structural steel this week is weak. Some merchants and steel mills have planned to stabilize the transition before the new year, and price adjustments are of little significance.

At present, the overall mentality is still cautious. Generally speaking, there is no strong desire for winter storage. It is difficult to change the quotation of 40Cr structural steel market before the festival. For the market outlook, 40Cr structural steel traders are more optimistic about the next year's market. For comprehensive consideration, the price of raw materials is high, and the short-term 40Cr structural steel market is expected to remain stable.