The Market Outlook, Gap Between Domestic Market and Export Market

摘要

As far as the domestic market is concerned, it is widely viewed that the market in May will be bearish because the spread of coronavirus continues. As it is almost certain that the state of emergency is postponed, the impact on manufacturing industry including automobile makers and construction makers will be prolonged. It is concerning that the steel demand will fall. According to trading sources, “Bullish factors can hardly be seen” in the domestic ferrous scrap market. Trading sources also say, “The only bullish factor can be the decrease in supply.”