In March, demand from China’s downstream steel market was optimistic. The high expectation made the domestic steel market fluctuate on the high side. However, the recovery of the real estate industry was still slow. The demand was still hard to keep increasing, which caused the prices hard to be supported.

Regarding the flat steel market, the manufacturing industry was forecasted to perform well, and the investment continued. These factors supported the prices.

In terms of the coke market, the market kept stable in March. Downstream steel manufacturers slowed down their procurement. Also, the coke-oven plants’ shipment was smooth, and the operation deficit continued, which made supply sides still maintain their price high. The balance between supply and demand would be intense.