On April 24, 2025, Trump Made A Major Tariff Reversal! Steel Billet Prices Soared By 50 Yuan In A Single Day! Has The Clarion Call For A Counterattack On Steel Prices Sounded?
On April 23rd, the domestic steel spot market rose slightly, while the main varieties in the futures market all rose. Among them, the main contracts of rebar and hot-rolled coil increased by nearly 1.5%, iron ore and coking coal rose by more than 2%, and coke performed strongly, rising by more than 3%.
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