The Chinese steel market will fluctuate in April

In March, the Chinese steel market was affected by multiple factors at home and abroad, showing a trend of rising and falling. The average price of iron ore rose, while the average price of coke remained flat, and monthly cost support remained resilient.

In April, the Chinese steel market will play a game around "supply and demand release dynamics". It is expected that the supply side will still show a growth trend in April, while the demand side has limited release space. It is predicted that the Chinese steel market will exhibit a volatile market in April, with a small overall fluctuation.