The instability in steel prices has led to a lack of confidence in the market when it comes to demand. As we enter October, the expectation that operational rates in sub-sectors may remain below expectations causes participants in these sectors to adopt a cautious, wait-and-see approach. As a result, the need for renovation is expected to be low.
The current market remains uncertain, and forecasts for medium plate prices in China indicate that these prices will continue to fluctuate highly.
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