Analysis on price trend of later CCS grade A steel market

With the continuous promotion of national macro-control policies and measures, the steel market demand is expected to remain stable. Affected by the flood disaster in South China, the CCS grade A steel price is difficult to continue to rise sharply in the later period due to the factors of rapid release of steel production capacity. That is mainly because:

1.The national economy shows a recovery growth, and the market demand for CCS grade A steel is expected to remain stable.
2.Steel production capacity released quickly, market supply and demand are still facing greater pressure.
3.Steel inventory is still at a high level, which brings pressure on the future CCS grade A steel steel price trend.

The main problems that need to be paid attention to in the later stage market are as follows:
First, CCS grade A steel production capacity was released rapidly, and the overall market situation was still oversupply.
Second, the high price of imported ore seriously erodes the benefits of CCS grade A steel enterprises.
Third, the demand for CCS grade A steel products in the international market is weak and it is difficult to expand the export of steel products.

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