Flange market supply and demand situation has changed

Demand for flanges in the domestic market is still weak. Affected by the decline in production, net exports and market expectations, the supply and demand situation in the flange market has changed, and steel prices have rebounded slightly. In the later period, as the weather gradually turns cold, production and demand will fall back. The overall situation will remain weak and the steel price will show a low fluctuation trend. This week, the scrap market is generally weak, and the market is not optimistic. From various regions, after the end of the APEC meeting, the market began to weaken. The manufacturers in the northeast region reduced production more. The willingness of large factories to receive goods was generally weak, and the demand for steel mills was relatively low. The southwestern and northwestern regions are also in a downward trend. It is reported that the northern material has a certain impact on the market, and the lack of favorable support for scrap is optimistic.