The past week long time downturn in the domestic steel prices suddenly soared and there is a certain volume of support. Such crazy market has not been seen for many years and the terminal also need time to accept such gains. As one of the raw material of steel scaffolding, many of my friends worry about soaring steel prices, scaffolding prices will rise itself?

Overall, the current steel mills, traders actively pushing up market sentiment has completely changed, the market is still bullish in the short term. In spring the huge demand, combined with lower pre-inventory, steel production complex is relatively slow, tight resource situation will continue for some time, some said that at least the end of March won’t see any rise.

One of the most fundamental reason is that steel scaffolding production continued to maintain a low steel mills and steel trade caused by low inventory levels. The end of 2015, the Central Economic Work Conference to promote supply-side structural reforms to capacity is the first task of the five, and the first in the coal and steel sector expanded.