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China EN S355J2 steel market is relatively stable steel plate

The two major uncertainties in China's EN S355J2 steel market in 2018 were the Sino US trade war and the two environmental protection limited production. At present, the market has already digested these two factors and is expected to be stable:

China's EN S355J2 steel exports have declined considerably, even in the worst case of the Sino-US trade war. Moreover, the policy-making departments have policy reserve for this. It is expected that the more severe the external demand situation is, the more vigorous the domestic demand will be. The situation of stable, medium and high-speed growth of China's economy will not change, thus laying a solid foundation for China's EN S355J2 steel demand to continue to flourish.

What is the limit of environmental protection? It depends mainly on weather conditions. For the need of economic growth and supply assurance, if there is no severe haze weather, it is estimated that during the heating period this winter, iron and EN S355J2 steel enterprises will not limit production "one size fits all" and the intensity will not be too great. In this regard, the market has reached a consensus, there is little divergence, so that the "hype theme" is reduced accordingly, slowing down the EN S355J2 steel market shocks.

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