China Steel Association: Steel price outlook will remain high
Golf Turf,Artificial Turf,Artificial Grass,Artificial Turf Grass Shenzhen New Gaopin Sports Goods Co,Ltd , https://www.newgaopin.com
In May, due to the strong demand in the domestic market, steel prices continued to rise steadily. At the end of May, the domestic steel comprehensive price index was 156.86 points, up by 7.09% from the previous month and up by 38.40% year-on-year. According to the report, the reasons for the rise in domestic steel prices include: Domestic demand remains strong, demand from major steel industries is booming, prices of raw materials continue to rise, and steel prices continue to rise; steel inventories decline, and the steel market shows periodic tight resources.