How to interpret API 5L X52 steel prices in May

There are many opinions on the market now, and each has its own differences. Some believe that API 5L X52 steel prices in May will still be strong. Although the southern plum price will be weak in mid-May, there is not much room for a correction, and it will rebound afterwards. The main reasons are as follows:

1. Demand will remain strong in April-May, including international demand. The overall demand for building materials from March to April is not very good, so the market has expectations for demand in May.

2. Monetary policy is still in a loose period, and market activity will not decrease.

3. Rising costs support API 5L X52 steel prices. Currently, PB powder exceeds 1,300, and there is a large demand for high-grade mineral powder. The price of coke will increase more than 1-2 rounds, and will increase in May. In terms of coal, Shanxi's inspection efforts are strong, and it will soon enter the peak period of use, which will also cause prices to rise.