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JUL 21th – JUL 27th steel price forecast

time:2025-07-21 10:53:02 click:160order

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Qingdao Qinyuan Group Co.,Ltd

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JUL 21th  JUL 27th steel price forecast

 

Hello everyone, It is JUL 21th today, I will give you our personal opinion in the price of steel forecast this week.

The price of steel has been rising all last week. The main reason is that the prices of iron ore and coke, the raw materials for steel, have been rising all the time.There is an important piece of news this weekend. China will build a large hydropower station in Tibet. With an investment of 1.5 trillion yuan and a construction period of 20 years, this will lead to an increase in the demand for steel.

Influenced by this news, we expect the price just now will continue to rise this week.