Recently, domestic prices of China's main steel types have fluctuated on the high side. In terms of supply, the cost was high, and steel prices went up. The profit of steel mills also improved. Many steel producers resumed producing. The supply will go up in the short term.

Because many projects in China have resumed, the steel demands from infrastructure would increase. Apart from that, raw material prices were at a high level recently, and the cost of steel production was still high.

After the National Day holiday, China's steel market was expected to be positive on October 8 and 9.