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."
