1. Market demand
Domestic demand:
With the rapid development of industries such as construction, automobiles, and home appliances, the demand for galvanized coils continues to grow. Especially in the context of accelerated urbanization and the promotion of green building concepts, galvanized coils have been widely used in the decoration and protection of building exterior walls, roofs and other parts.
At the same time, the expansion of the new energy vehicle market and the continuous advancement of lightweight technology have also created greater demand for electro-galvanized steel sheets.
Export demand:
Despite the slowdown in global economic growth, the export market for galvanized coils has maintained a certain growth momentum. This is mainly due to the advantages of domestic galvanized coil prices relative to foreign markets and the support of export policies.
In particular, the Southeast Asian market, such as Thailand, the Philippines and other countries, has continued to increase demand for galvanized coils, becoming one of the important markets for domestic galvanized coil exports.
2. Policy orientation
The active support of national policies is also one of the important factors in the rise of the galvanized coil market. The government has introduced a series of policy measures to encourage the steel industry to carry out technological innovation and industrial upgrading, and improve product quality and added value. At the same time, the government has also increased its investment in environmental protection and energy conservation, promoting the development of the green steel industry. These policy orientations provide a strong guarantee for the healthy development of the galvanized sheet and coil market.
3. Future Outlook
Looking ahead, the galvanized sheet and coil market will continue to maintain a steady growth trend. With the continuous development of domestic and foreign economies, the demand for galvanized sheet and coil in industries such as construction, automobiles, and home appliances will continue to increase. At the same time, with the continuous expansion of the new energy vehicle market and the continuous advancement of lightweight technology, the demand for electro-galvanized steel sheets will also increase further. Therefore, the galvanized sheet and coil market has broad development prospects.