Prices lack fundamentals for steady increase

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Prices lack fundamentals for steady increase

机译：价格缺乏稳步上涨的基本面

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The recent growth of finished product demand in China is driven by traders replenishing stocks in expectation of livelier consumer activity from the beginning of 2023 amid more optimistic forecasts regarding the country's economy. Meanwhile, China's actual consumption has turned out disappointing in December-January. Multi-faceted problems in China's construction sector are yet to be resolved, as the government's current incentives to spur domestic demand have little efficiency. However, with the authorities decidedly seeking to restore economic performance, the banking and construction sectors will expectedly keep obtaining significant funds, which will lead to short-term demand bursts in the steel markets accompanied by price surges.

机译：近期成品需求的增长中国是由交易员补充库存生动的消费活动的期望2023年初在更为乐观关于这个国家的经济预测。与此同时,中国的实际消费了在辛普森令人失望。在中国建设的多方面的问题部门尚未解决,政府刺激国内目前的激励机制没有效率的需求。当局显然试图恢复经济性能、银行和建筑业后面会继续获得重要的基金,这将导致短期需求爆发钢铁市场伴随着价格飙升。

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《Spot Steel Market》 |2023年第191期|1-1|共1页
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Prices lack fundamentals for steady increase

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