SEP 8th – SEP 14th steel price forecast

SEP 8^th   – SEP 14^th  steel price forecast

Hello everyone, It is SEP 8^th  today, I will give you our personal opinion in the price of steel forecast this week.

The factors influencing the price of steel this week are very complex. There are both factors causing the price to rise and those causing it to fall. Expectations of the Federal Reserve cutting interest rates. It will lead to the increase just now, but the concern over the US economic recession will cause the price just now to drop. China's policy of controlling steel production capacity will lead to an increase in steel prices, but a decline in export volume will in turn cause steel prices to fall.

   These different influencing factors. It also affects the price of steel. We predict that the price this week will remain relatively stable, neither rising significantly nor falling sharply.