Steel coil prices rebounded slightly in January!

Under the macro background of "stability", the development of volume reduction will continue to be implemented in the future, and Tangshan will continue to limit production in January. However, as the second-level warning is lifted in the later, the shortage of hot/cold rolled steel coil will be eased.

In mid-to-late January, steel coils are expected in a round of rebound. However, based on the current relatively high strip price, there is still a long way to go from the manufacturer's winter storage price.
With low inventory, low supply, and shrunk demand, it is expected that reserves will be limited this winter. It is expected that the steel coil price in January may rebound slightly after falling, and the overall fluctuation will be adjusted.