From the end of July to the beginning of August, the future EN10083-3 42CrMo4 steel price continue to rise. The market atmosphere is tense and active. On the one hand, the mood is strong. On the other hand, the speculation is aggravated. With the continuous improvement of steel market favorable factors, short-term EN10083-3 42CrMo4 steel price price will continue to maintain high or volatile operation.
Since the beginning of this year, domestic environmental protection production has been escalating, and EN10083-3 42CrMo4 steel stocks have continued to decline. Recently, some local governments issued a notice on comprehensive control and control of air pollution. Many EN10083-3 42CrMo4 steel enterprises limit their production by 30%-50%, and some even limit their production by 100%. As a result of environmental protection, the market overall inventory pressure is not large, the supply and demand relationship is more optimistic, the EN10083-3 42CrMo4 steel factory is strong in price and resolute in attitude, increasing the price of guidance, which makes the market confidence increase. As spot prices continue to rise, EN10083-3 42CrMo4 steel futures prices are rising.
It is worth noting that, because the terminal demand does not really synchronize growth, the actual transaction is not ideal, and the Sino US economic and trade frictions are growing, some businesses are eager to avoid risk reduction, which makes the price of EN10083-3 42CrMo4 steel market fluctuate. However, as a whole, although some of EN10083-3 42CrMo4 steel mills are reproducing again, new resources are emerging, but the recent market steel supply is still tight on the whole, and the price policy of EN10083-3 42CrMo4 steel mills will remain stable.
Just like you, 70% customers choose long-term cooperation with BBN steel not only for our good product and service quality, good reputation in the international market, but also for our experienced one-stop raw material supply and further steel processing!
