The price of galvanized square tube is in the transition period

The galvanized square tube belongs to the price transition period. The focus of the government regulation is still to adjust the surplus under the premise of steady growth. Therefore, in a relatively long period of time, most domestic industries are still destocking. Lord, during this period, spot pressure will still have a greater constraint on the rise in futures prices. 
           It is difficult to effectively improve the situation of non-ferrous metals in China's severe overcapacity. The previous import data is not a reflection of consumption stimulus, but more from the results of financing trade. With the tightening of financing channels, it accounts for 40% of global copper consumption. The demand that China can provide may not be as strong as in previous years.