SMM

[SMM Analysis: Shanghai Galvanised Coil Prices May Continue to Fluctuate at High Levels, February-March] Overview: From January to February, Shanghai galvanizing prices remained stable. Affected by the off-season in consumption, the overall market trading atmosphere was not active after entering January. However, due to relatively small overall inventory pressure and the high settlement prices of steel mill resources, market traders showed a strong sentiment to stand firm on quotes, leading to stable price performance. With the end of the holiday, downstream manufacturing and construction industries are gradually resuming production. How will Shanghai galvanised coil prices trend from February to March?