Jiujiang observation point observation markers and observation nails are supplied nationwide

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　　Jiujiang observation point observation markers and observation nails are supplied nationwide

　　Industry insiders say that the recent release of multiple "14th Five Year Plan" national plans and the clear direction of stable growth policies by various ministries have boosted market confidence. In addition, winter storage in the domestic steel market is also coming to an end, and the winter storage market has gradually become relatively active from the cold at the end of December, reflecting the expectation of a rebound in the steel market in the first quarter from steel mills to steel traders.

　　Recently, the combination of 'stabilizing growth' policies has strengthened the industry's confidence in investment and domestic demand growth in the first quarter, "a steel trading company leader in Hangzhou told Shanghai Daily reporters." Although the steel winter storage market this year is not as good as in previous years, it has shown a process of recovery from the cold, mainly due to the role of policy efforts

　　Winter storage refers to the practice of steel traders purchasing steel in advance during the winter season and storing it for sale when steel prices rebound the following year, in order to earn profits. According to incomplete statistics, as of now, more than 50 steel mills in China have announced their winter storage policies for this year. Overall, this year's Spring Festival was early, and the winter storage inventory cycle was relatively short. Winter storage prices were generally higher than last year's overall level and the same period in previous years, and have been rising over time, reflecting the gradually optimistic attitude of steel mills and traders towards future steel prices.

　　Wan Chao, a construction steel analyst at the Steel Division of Shanghai Steel Union, told Shanghai Daily reporters that due to factors such as reduced crude steel production, steel mills generally have low inventory. This year's winter storage policy mainly focuses on locking prices, with post settlement as a supplement. According to research, currently winter storage generally has a good order volume, whether it is price locking or post settlement.

　　Recently, there have been continuous positive news at the macro level, which has repaired the market's previous pessimistic expectations, "Wan Chao said." Steel mills can provide fewer resources for winter storage than in previous years, and the discount has increased the market's enthusiasm for buying winter storage

　　For the future, Wang Jing from Lange Steel Research Center stated that it is expected that steel demand will improve in the first quarter, but expectations should not be too high. In the first quarter, infrastructure is expected to exert efforts to stabilize growth, and the probability of steel demand expansion is relatively high. However, the downward trend in real estate investment has not yet reversed, with new construction and construction areas continuing to experience negative growth. It is expected that the demand for steel in real estate development and construction will pick up seasonally after the Spring Festival, but the seasonal improvement in demand intensity is relatively weak.

　　Wan Chao stated that projects that were affected by funding issues last year are expected to accelerate completion after the end of this year. Under the stimulus of macro policies, the demand for steel in the real estate sector is expected to quickly recover after the holiday, and the demand for steel in infrastructure is expected to increase.

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