FEB 17th - FEB 23th steel price forecast

FEB 17^th - FEB 23^th steel price forecast

Hello everyone, Today is FEB 17^th  , I will give you our personal opinion in the price of steel forecast this week.

The price of steel as a whole fell last week. The main reason is that the United States announced a 25% tariff on imported steel and aluminum. Iron ore, the raw material for steel, remains at a higher price. So we expect steel prices to remain relatively stable this week. The direction will be chosen according to the changes in iron ore prices.