The idea that "product prices will rise if a war breaks out" is now a thing of the past.Today's topic is, of course, steel prices.
-The data I shared in last week regarding production capacity, and the current data, are sufficient to summarize our current situation.
https://app.warera.io/article/69c7a4c25f22681ea5908633
In the last week, 455 more companies joined the steel production industry. Current prices are continuously falling because as the number of players increases, demand increases; demand equals product value. If demand increases, the price falls. The critical point here is that demand must be lower than supply. The more products enter the market, the more competition there is among producers, and prices fall steadily.
Steel prices will continue to fall; wars are no longer causing enough production losses to significantly impact prices.
-It supplies slightly more than half of the steel produced in the Netherlands to the market alone.
-number of companies of the current type 9800.
-best purchase price 1.562
-The market trend continues to be bearish. The wars are causing more selling pressure, which currently means the price is falling.
05.04.26
16.44