Mainstream steel mills have risen prices one after another， short-term steel prices may continue to rise

On July 25, the domestic steel market price continued to rise, and the factory price of billet rose by 30 yuan per ton. Black futures rose across the board, market sentiment picked up, and the overall transaction was acceptable.

From the perspective of transactions, although it is currently in the off-season of demand, the futures performance is strong, under the continuous push of some steel mills, the bottom trading price of the market continues to rise, and speculative demand is gradually active. In the short term, recent domestic macro favorable policies have been frequent, and market sentiment has improved; At the same time, the news that the national crude steel control policy is about to land has come out again, which has also formed a certain support for the market mentality. Under the continuous boost of the news, it is expected that the domestic construction steel price on the 26th is still likely to fluctuate strongly.