无标题文档
Search: News Price
Home |  Register |  Price Index  |  Publication |  Consultancy |  Data |  Events |  Enquiry |  Language
Aug.18.2019 1USD=7.0312RMB
  SteelHome >>Steel>>Market Info>>Special Studies
 
Zhang Qiusheng: Market Outlook for the Second Quarter

//en.steelhome.cn [SteelHome] 2019-05-05 17:02:22

share to social network site

15th Steel Development Strategy Conference, host by SteelHome, was successfully held in International Convention Center during April 12-14, 2019. Around 1000 delegates from governments, associations, steel mills, miners, traders, research institutes attended the one of biggest events in China steel industry.

8th International Raw Materials Supply Chain Summit, 9th Coal & Coke Development Strategy Conference, 7th China Commodities E-Commerce Summit and 2019 SteelHome Spring Report were simultaneously held.

On the morning of April 14, Zhang Qiusheng, director of marketing department of Nanjing Iron and Steel Co., Ltd., made a speech on "Market Outlook for the Second Quarter".

 

Zhang Qiusheng, Marketing Director of Nanjing Iron and Steel Co., Ltd.

I Review of 2019 Q1 Steel Market  

1. Steel price fluctuated in the first quarter

2. Iron ore price rose sharply in the first quarter, coke and scrap prices fluctuated slightly.

II Outlook for 2019 Q2

The policy landing and cost rise drive steel prices up. It is expected that the second quarter is better than the first quarter, the second half is better than the first half. Construction steel is stronger than the plate.

1. Global economic downward pressure is greater.

2. The policy is the biggest factor to support the steel price.

3. Steel supply is expected to increase slightly.

4. The demand is expected to increase gradually.

5. The global monetary policy is from tight to loose and the liquidity is expected to improve.

6. The price of the raw materials is strong, and the price of the boosting steel is increased.


(To contact the reporter on this story: leo.ji@steelhome.cn or 86-555-2238932)
Related News
Search
News Price
Hot Topics
Latest Update
Most Viewed
上海市通信管理局沪B2-20040629
Copyright© 2004-2015. SteelHome.cn. All Rights Reserved
Shanghai SteelHome E-Commerce Co.,  Ltd    Tel: +86) 021-50585733, 50585358    Fax: 021-50585277