--- title: "Beijing steel prices rising? Steel traders say \"even if they say it's rising, it hasn't really increased, lacking demand.\" Industry insiders: \"winter storage\" is constrained by multiple factors" type: "News" locale: "en" url: "https://longbridge.com/en/news/223472745.md" description: "In the second half of this year, steel prices once fell to a seven-year low. However, recently, there have been unexpected reports of price increases in the Beijing steel market. After multiple interviews, reporters learned that during this severe winter, the steel trading market in Beijing maintains a certain level of trading activity, but the level of activity is relatively limited; regarding prices, although there has been a slight increase, it is difficult to sustain due to a lack of demand support, \"saying it has risen but it hasn't really risen.\"" datetime: "2024-12-28T06:49:40.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/223472745.md) - [en](https://longbridge.com/en/news/223472745.md) - [zh-HK](https://longbridge.com/zh-HK/news/223472745.md) generator: "portal-rs" --- # Beijing steel prices rising? Steel traders say "even if they say it's rising, it hasn't really increased, lacking demand." Industry insiders: "winter storage" is constrained by multiple factors In the second half of this year, steel prices once fell to a seven-year low. However, recently, there have been unexpected reports of price increases in the Beijing steel market. After multiple interviews, the reporter learned that during this severe winter, the steel trading market in Beijing maintains a certain level of trading activity, but the level of activity is relatively limited; regarding prices, although there has been a slight increase, it is difficult to sustain due to a lack of demand support, "saying it has risen does not mean it has truly risen." ### Related Stocks - [600782.CN](https://longbridge.com/en/quote/600782.CN.md) - [000717.CN](https://longbridge.com/en/quote/000717.CN.md) - [000959.CN](https://longbridge.com/en/quote/000959.CN.md) - [301299.CN](https://longbridge.com/en/quote/301299.CN.md) ## Related News & Research - [3 stocks to buy and hold even if there's a stock market sell-off in September](https://longbridge.com/en/news/298828789.md) - [When the market destroys a community](https://longbridge.com/en/news/298763114.md) - [Gold vs steel Rolex: Which is harder to buy?](https://longbridge.com/en/news/298751769.md) - [Here's Why We Think Daewon Kang Up (KRX:000430) Is Well Worth Watching](https://longbridge.com/en/news/298517071.md) - [REG - Panmure Liberum Ltd. Applied Nutrition - Proposed Secondary Placing in Applied Nutrition](https://longbridge.com/en/news/298619784.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**