APR 28th - MAY 4th steel price forecast

APR 28^th  - MAY 4^th steel price forecast

Hello everyone, Today is APR 28^th , I will give you our personal opinion in the price of steel forecast this week.

The price of steel in China has been on the rise these days. The main reason is that it was influenced by a piece of news. It is said that the government will reduce the annual output of steel by 50 million tons. This news will affect the relationship between the supply and demand of steel. So we predict that the price of steel will remain stable and rise slightly this week.