International steel market in September may continue to shake and adjust

The US government's bullying attitude and extreme pressure have escalated Global trade frictions, intensified financial market shocks and accelerated the downward adjustment of commodities and their international steel markets.

At the end of the month, the global steel benchmark price index at 108.8 points, week-on-week ratio fell by 0.7% (convergence), month-on-month ratio fell by 2.4% (expansion), month-over-month ratio fell by 11.3% (expansion) and fell by 7.6% (expansion) year-on-year.

Among them, flat steel index 101.6 points, month-to-month decline of 1.9% (increase in decline); long wood index 116.3 points, month-to-month decline of 3.2% (increase in decline); Asian index 111.1 points, month-to-month decline of 3% (increase in decline). The China index in Asia was 111.3 points, down 3.9% month-on-month (widening decline); the Americas index was 128.4 points, down 2.1% month-on-month (widening decline); and the European index was 91.8 points, down 1% month-on-month (widening decline).

According to the operation situation and combined with the basic situation, the international steel market in September may continue to shake and adjust its trend.