In recent days, the market is turning to speculation that has no clear basis, rather than moving on the basis of factual data, according to Metal Online. The market's dominating atmosphere is caused by experts' uncertainty and concern for the future. It is a fact that the steel market in recent days has been increasingly concerned with speculation that it has no clear basis.
This uncertainty is a pervasive concept that has created distrust and reduced investment hope in the field. When the economy reaches uncertainty, the depth of vision of economic actors decreases and decisions become more irrational and difficult. Certainly the role of bad laws and regulations in this uncertainty is not negligible and will cause the decline of all activities and should be thought of in this area to change behavior towards respect for moderation and to stimulate the development of steel activists with investment incentives and development. To have a favorable effect on this market.
The fluctuations in the price of the rebar in this period are a strong reason for confirming the above, as each of the factors mentioned in the reviews does not have a persistent change in the price of the rebar and quickly replaces the other. Market participants, therefore, have acknowledged behind the scenes in pricing ironware, especially the rebar price.
It is therefore imperative that, at this critical juncture, steel authorities or other authorities and policymakers do something to improve and remove existing barriers and to remove the current state of affairs by deregulating and removing the chain of laws and deletions. Excessive regulation can be effective and can eliminate most of the problems.