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MAY 19th - MAY 25th steel price forecast
Hello everyone, Today is MAY 19th , I will give you our personal opinion in the price of steel forecast this week.
The sovereign credit rating of the United States was downgraded last weekend.The main reason is the long-term increase of the debt of the United States.This news is bearish for the price of steel.However, given that the current price of steel is already in a low-price range.We think the price of steel will drop a little this week, but not by much.
