Domestic steel price smally raised after the Japanese earthquake in the end of first season, trying to get rid of “thin market”, but for the lack of demand support, that’s all for steel market.
According to the statistics of Chinese Steel Net, the steel purchasing intent index of traders reaches 62.2%, 1.5 higher than last month. It has widely accepted by the professional visitors, the demand in April will be released, about 50% higher than March; it is a milestone for steel market.
However, 2nd season, which is considered as traditional boom season was also doubted by all directions, based on the corresponding period running conditions last year, we can not allege the market trend only by the seasonality, all the other factors should be considered.
Related product: Stainless steel sheet