This week, the domestic construction steel price fluctuated, the release of demand weakened, the international market risk events kept rising, and the market price adjusted after surging. For the market trend next week, we need to pay attention to the following aspects: at the macro level, there are many uncertainties in the international market, the domestic economy is in the initial recovery stage, and the market sentiment is still fluctuating; On the supply side, due to the convening of the "two sessions", the production of crude steel in the early stage has been reduced, and the supply of construction steel has also been suppressed. It is expected that the supply will have a certain recovery in the later stage; On the demand side, there are significant differences in trading volumes between different regions, and the speed of partial destocking is less than expected, resulting in pressure on some manufacturers to withdraw funds; On the raw material side, imported iron ore has been sorted out at a high level, coke prices have been hindered from rising, scrap steel prices have been slightly revised back, and the strength of cost support has slightly weakened
