It is expected that the steel market demand will continue to rise in April

It is expected that the steel market demand will continue to rise in April, but there is limited room for growth.

At the end of March, steel demand has shown a trend of "insufficient stamina", while policies at the infrastructure end have also converged, and there is still downward pressure on real estate in the short term. These factors may have some pressure on future steel demand, but the overall stable recovery trend of the economy is basically established, and there is still room for related demand to be released. It is expected that steel demand in April may continue the recovery momentum since March, but there will be no explosive growth.

In the second quarter, with the further implementation of the economic stabilization policy, the subsequent release of monetary liquidity will accelerate, and the economic recovery may further strengthen. The supply and demand of bulk commodity markets will rebound, and the demand for steel will continue to rise.