In the recent operation of the steel market, a more obvious feature has gradually emerged: the price and transaction performance of different varieties of steel have diverged. Some varieties are relatively stable, while others are under great pressure. Under the background of slowing down the overall demand rhythm, which steel products have more market toughness is becoming the focus of buyers and insiders.
1.The demand for construction steel is under pressure and the performance is relatively cautious.
Real estate investment and the completion of some infrastructure projects continue to have an impact on construction steel, rebar, wire rod, and other types. The unequal timing of demand release creates significant differences in regional market transactions. In locations where some projects are swiftly promoted, the price of construction steel is relatively stable; in markets with little demand, the transaction is primarily necessary, and the price varies more frequently. Overall, building steel remains stable in the short run.
2.The support of plate varieties is relatively obvious.
In contrast, hot rolled coil, medium plate, and other plate types exhibit some hardness. This is mostly owing to the manufacturing industry's reasonably consistent demand, particularly in the domains of machinery manufacturing, household appliances, engineering equipment, and so on, and plate consumption has remained reasonable. In some regions, plate stock digests faster than construction steel, leaving little room for market price adjustments.
3.The demand for stainless steel and special steel is more structural.
Stainless steel and some special steel products serve more sub-sectors, therefore demand is less affected by variations in a particular field. The high demand for stainless steel items in food processing, chemical equipment, the energy industry, and other industries has helped promote related variations. Although the overall market climate is cautious, steel products with performance advantages and specific applications can sustain a pretty consistent transaction rhythm.
4.Coating products are obviously influenced by downstream industries.
Galvanized steel, color coated steel, and other similar materials are used in building, home appliance production, and other industries. When downstream orders are largely consistent, price fluctuations for such products are relatively modest; when demand declines, price adjustments are more rapid. As a result, the terminal industry's operation has a significant impact on its market toughness.
5.New trends brought about by changes in market structure
From the perspective of the overall market, the differentiation of steel products is reflecting the changes in the industry structure. Steel products with high added value and diverse application fields are more likely to remain stable in fluctuating market; However, varieties that are highly dependent on a single industry are more susceptible to cyclical effects. The market is changing from simply "striving for price" to "striving for product adaptability and stable demand".
