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The latest round of steel market recovery, always with wait and see, helplessness and discretion. The rise in steel prices for several weeks has brought some profit to the market, while also alerting some businesses to their mentality. Some people in the industry call it "the warmth in the wait-and-see." According to monitoring, the domestic spot steel market has risen steadily in the past week, and some resources in the market have already generated certain profit margins. At the same time, the wait-and-see atmosphere of the demand terminal began to appear, and the transaction showed a certain contraction. At present, the business mentality is very cautious, just because the steel mill ex-factory price is constantly raised, the market's arrival cost continues to rise, traders can only help but rise, but for the operation of the market, many businesses have yet to be observed. According to analysis, the price of the domestic construction steel market has changed greatly. In a short period of time, from high to high, the market mentality has been significantly weaker than in previous weeks. However, there has not been a “big single price†situation in the market. In addition, there are still many maintenance arrangements for steel mills in the near future, and the ex-factory price is also raised. In the short term, the construction steel market will continue to rise after adjustment. Market participants reminded that considering the pressure on the market at the end of the month, the growth rate of the downstream industry is also slowing down, the recovery rate of terminal demand is limited, and the steel market will show a small step upward trend, and the cycle may be pulled longer. The average price of hot rolled coils rose slightly. Judging from the feedback from various markets, the latest price adjustment plans issued by major steel mills are mainly flat or upswing, and the bottom price of hot rolled products in the spot market appears to be quite strong. Before the high-cost resources were put into the market in the later stage, the buyer's desire to purchase was activated to a certain extent, and the transactions in various places were acceptable. The market of cold-rolled coils has been mixed, and most of the mainstream markets have remained stable, with some cities showing more obvious fluctuations. The supply pressure of cold-rolled products is still relatively large. In February, the output of domestic cold-rolled products increased by 3.85% from the previous month. In the case that the effective demand has not been fully released, the contradiction between supply and demand will be the main reason for the price of refrigeration and rolling. In addition, the export situation of cold rolled products is not optimistic. Even if the cold-rolled price is still in a steady upward trend, it will be limited by the lack of release of real demand. Relevant institutional analysts believe that March and April have always been relatively busy seasons for steel demand. With the gradual warming of temperatures, the start of various types of steel projects in the country will further improve, and many merchants have better demand for steel products in the market. There is still confidence that short-term market conditions can still be expected, but the magnitude may be limited.