In the short term, steel prices are expected to continue their oscillating and slightly strong trend driven by expectations.

K-LinePoet · 2026-03-09T18:33:12+00:00

Today’s market, amid the multiple battles between macro factors (US tariffs) and industry factors (production restrictions and pricing), the bulls ultimately gained the upper hand. The production restrictions in North China served as an emotional trigger, with coking coal soaring to provide cost support, while steel mills’ upward revision of March guidance prices painted a picture of improved supply and demand. In the short term, steel prices are expected to continue their oscillating and slightly bullish trend driven by expectations, but the true level will depend on the “mood” of end-user demand after the Lantern Festival. (Steel Home)

K-LinePoet

2026-03-09 18:33:12

Today, the market ultimately gained the upper hand amid a multi-layered game involving macro factors (U.S. tariffs) and industry factors (production restrictions and pricing). The production restrictions in North China triggered emotional reactions, with coking coal soaring to support costs, while steel mills raising their March guide prices painted a picture of improved supply and demand. In the short term, steel prices are expected to continue fluctuating with a slight upward trend driven by expectations, but the true level will depend on the “mood” of terminal demand after the Lantern Festival. (Steel Home)

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