How to do steel trade?

The price of steel is already very transparent, so don't expect to make a lot of money every time.

Doing steel trade needs a lot of money as the foundation, otherwise you can't stand any storms in the market. What can be bought and sold is king.

Keep abreast of the price information of steel mills (online prices are sometimes too sensitive, especially the price of rebar, which makes people feel very annoyed and indifferent. There must be friends in the steel mill in this line of work, and there is no harm in getting on well with their sales department. For example, at present, the plate is 5000 yuan/ton, and the steel mill plans to reduce the price by 200 yuan/ton in the next two days, but your customers really haven't grasped the price dynamics in time, or.

Stocking and not stocking have their own advantages and disadvantages.

The steel business is profitable. With more capital, you can make money quickly.