China Iron and Steel Association: Affected by the off-season effect, steel prices continued to show a weak and fluctuating trend in November.

According to the Wisdom Financial APP, the China Iron and Steel Association stated that in October, the domestic steel market experienced a downward fluctuation with a rebound at the end of the month, but overall still showed a downward trend. Since entering November, affected by the off-season effect, demand has rapidly declined, and steel prices have returned to a weak fundamental basis, continuing to show a weak and fluctuating trend.