INDUSTRY NEWS

Market transactions are still relatively depressed Short-term building materials prices continue to run weakly

On Monday, the national construction steel volume monitoring data showed an increase in transactions. Specific to the market, affected by public health events, many construction steel merchants have not yet resumed work, some areas have a small number of merchants resumed work, temporarily only sporadic transactions, the morning domestic building materials prices weak operation. It is reported that the current logistics control is still relatively strict, because the downstream site is not started, the market still has no need to follow up, although the steel mills have to continue to reduce production plans, but the current inventory of the total amount of the warehouse is still large, traders and steel mills highlighted the pressure, poor business mentality. Overall, it is expected that short-term domestic building materials prices continue to be weak downwards.


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