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Steel prices rose 33.95% in June

admin 2021-08-03 News information

Recently, the China Iron and Steel Industry Association announced the steel price index for June 2021. The data shows that although steel prices in the domestic market continue to rise, they fell back in early July.This change has attracted great attention from the market and industry because it may herald changes in steel supply and demand and the impact of related policies.In June 2021, China's steel price index was 142.22 points, a month-on-month increase of 1.01% and a year-on-year increase of 33.95%.This upward trend reflects strong market demand and rising raw material costs.The rise in steel prices has put certain pressure on downstream industries, especially construction and manufacturing industries.However, since July, steel prices have begun to fall.According to data released by the China Iron and Steel Industry Association, in the first week of July, the steel price index was 140.29 points, a month-on-month decrease of 1.40%.This change may be related to the country's regulatory policy on the ste.

Regarding the future trend of steel prices, market analysts believe that it may be affected by policy controls and changes in market demand in the short term, showing volatility.In the long term, with the adjustment of China's economic structure and the advancement of green and low-carbon development, the steel industry will face pressure for transformation and upgrading, which will have a profound impact on future steel prices.Investors and related companies should pay close attention to policy guidance, market demand and international market dynamics in order to better respond to fluctuations in steel prices and rationally plan production and operation activities.At the same time, for long-term investors in the steel industry, paying attention to the sustainable development and technological innovation of the industry will be the key to seizing future investment opportunities.

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