kitchen foils market resources are tight, and the enthusiasm for shipments is not high

Feb 12, 2022

kitchen foils market resources are tight, and the enthusiasm for shipments is not high

With the completion of orders this week, the trading atmosphere of the kitchen foils market has gradually calmed down, and the market has returned to the influence of fundamentals. However, the current leading region - Tangshan market, environmental protection news continues to ferment, and steel mills are simmering furnaces and rolling steel production stops, making both supply and demand weak.

At present, the scrap steel market has a strong wait-and-see mood, and suppliers are not very motivated to ship. Some scrap steel sites reported that it is difficult to receive goods, and the site inventory is at a low level. And, as the weather gets colder.

At present, the resources of the kitchen foils market are tight, the inventory of some scrap steel sites is low, and the enthusiasm for shipment is not high. The overall arrival of steel mills is not ideal, and some steel mills with low inventory may continue to increase and absorb goods. However, the trend of finished products fluctuates, coupled with the fact that the cost of molten iron is lower than the price of scrap steel, the enthusiasm of steel mills to add scrap steel is generally insufficient, and the continued increase of scrap steel is insufficient.