The growth rate of box steel production is likely to exceed demand, although some markets may rebalance and some metallurgical plants in China plan to close. Therefore, the price of iron ore in the long term can be reduced to 55 USD / ton.
In addition, the price of nickel in 2020 also tends to continue to decline due to increased inventories while demand is low. The effect of corona virus on the situation of providing domestic bảng báo giá thép hộp
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