[Ferro-Alloys.com] 

Valin Steel said the company as a whole to 2021 steel downstream demand remains cautious optimism. From the downstream industry, the industrial field, manufacturing, construction machinery, automotive appliances, steel structure demand continues the fourth quarter of 2020 boom trend, which is expected to maintain a good situation in the future, to provide support for the plate; Real estate demand in the downstream of Changcai is expected to remain resilient; one of the main downstream oil and gas industries of seamless steel pipe is still weak, but as oil prices rise, demand in oil and gas rebound.