The China Iron and Steel Association released an analysis report on the 21st, stating that in March, domestic demand for steel products started slowly, with steel production at a low level. Affected by the high prices of raw and fuel materials, steel prices slightly increased. Since April, the impact of logistics disruptions has intensified, leading to a slight adjustment in steel prices.

As transportation conditions ease, companies gradually resume production and operation, and multiple policies aimed at stabilizing growth take effect, the demand for steel in the later market will accelerate. Steel production will gradually return to normal, and the market supply and demand is expected to remain stable, with steel prices showing a slight fluctuating trend.