The global steel market continues to fluctuate and adjust

The international steel market in October was generally weak.At the end of the month, the global steel benchmark price index of 122.6 pointsfell by 1.5% month-on-month (expanded), up 5.7% year-on-year and up 18.7%year-on-year. Among them: flat steel index was 113.3 points, down 2%month-on-month (expanded increase); long product index was 133.8 points, down1% month-on-month (concession convergence); Asia index was 126.2 points, down1.6% month-on-month (expanded expansion). The China index in Asia was 129.9points, down 1.6% month-on-month (expanded); the Americas index was 142.5points, down 0.1% month-on-month (from flat to down); the European index was103.1%, down 2.3% month-on-month (decreased) . According to the operationalsituation combined with the fundamental situation, the international steelmarket in November may continue to fluctuate and adjust the trend.