Press

Stainless Steel Seamless Pipe Market Trading Atmosphere Weakened


China's stainless steel seamless pipe market trading atmosphere weakened

After the two-day rebound of the stainless steel seamless pipe market, the spot atmosphere weakened as the futures trend was sluggish.

stainless steel tubing supplier

Today's steel mill price adjustment and market performance:

Steel mill price adjustment

On the 24th, China's national steel mills cut production price policy: showing a stable and weak situation. Among them, the shipments in some markets in East China are still in the face of serious shortages.

The steel mills are cautious in price adjustments, and they are more stable. In the South China region of North China, due to the weak futures, the trading atmosphere of the stainless steel seamless pipe market has weakened, and the steel mills' willingness to cut prices has increased.

Demand in the southwestern region is not performing well, but the cost supports the low willingness of steel mills to fall in price, and the leading steel mills are multi-dimensional and stable.

Stainless steel seamless pipe market performance

Today, the seamless stainless steel pipe has not changed after the decline, most of the performance is still weak, only part of the general; Tangshan billet straight hair transaction weakened, the market trading atmosphere is deserted; Tangshan type price mainstream steady operation. The rolling mills will resume production one after another, and the shortage of resources will gradually ease in the later period.


Raw materials

This morning, Tangshan billet straightening transaction weakened, futures volatility was lower, business operators were in a bad mood, and they were cautious and wait-and-see attitudes, paying particular attention to the overall market trading situation.

Inventory

The latest inventory data on the 24th showed that the weekly output declined slightly, and environmental protection and production restrictions played a certain role. The stainless steel seamless pipe community continued to decrease, and there is still a certain demand in the current market.

Downstream demand

The sales area in the eastern, central, western and northeastern regions has narrowed or increased year-on-year. Real estate sales still show strong resilience.

On the whole, although the current stainless steel seamless pipe market is generally weak, but from the inventory and downstream real estate data, the market demand still has some resilience. On the other hand, the steel mills have a willingness to price, and there is no deep drop in intention. Only the weak adjustment of shipments is the mainstay. Therefore, under the turbulent market, there is no need to be blindly pessimistic about the market outlook, grasp the rhythm of stainless steel seamless pipe market, and operate on demand.

Posted by stainless steel tubing supplier and stainless steel pipe supplier KAYSUNS.



New service from OilVoice
Trip Shepherd is for companies who need to track their staff in areas of risk.
It's free to use, so we invite you to try it.

Visit source site

https://kaysuns.com/stainless-steel-seamless-pipe-...

Stainless Steel Seamless PipKAYSUNSOil and Gas Pipe Markettubing chinaPipe China

More items from cnwellgreen


Eu Provides Deadline For Indonesia To Resolve Nickel Export Ban

Eu Provides Deadline For Indonesia To Resolve Nickel Export Ban According to local Indonesian media reports, the Indonesian government's ban on the export of nickel is struggling. After the European Union filed a lawsuit with the World Trade Organization (WTO), Indonesia had 10 days to answer th ...

roger chen - kaysuns industry limited


Posted 10 days agoPress > IndonesiaNickelban +1

Stainless Steel Pipe For Water Is Twice The Price Of PPR Pipe, Why It Is More Popular?

Stainless Steel Pipe For Water Is Twice The Price Of PPR Pipe, Why It Is More Popular? Currently, the water supply pipes on the market include ppr pipes, copper pipes, and stainless steel water pipes. Due to the high price of copper pipes and stainless steel pipes, people generally choose ppr pipe ...

roger chen - kaysuns industry limited


Posted 22 days agoPress > stainless steel pipewater pipeppr pipe

Brazil's Vale (Vale SA) Will Restart The Operation Of The Alegria Mine

Brazil's Vale (Vale SA) Will Restart The Operation Of The Alegria Mine According to reports, the Brazilian miner Vale SA recently stated that it has been authorized by the Brazilian regulator ANM to resume its Alegria mine operation. In March last year, after a “stress test” failed to guarantee it ...

roger chen - kaysuns industry limited


Posted 1 month agoPress > VALE SAKAYSUNSmine news +1

Indonesian Nickel Mine Export Ban Takes Effect Immediately

Indonesian Nickel Mine Export Ban Takes Effect Immediately According to sources, Indonesian Investment Committee Chairman Bahlil Lahadalia issued a statement saying that the Indonesian government immediately banned nickel ore producers from selling abroad. The export ban imposed yesterday (Octobe ...

roger chen - kaysuns industry limited


Posted 1 month agoPress > KAYSUNSNickelIndonesia +1

Talk About Stainless Steel: How Many Types Of Stainless Steel

Talk about stainless steel: how many types of stainless steel Nowadays, stainless steel has developed hundreds of grades. According to the classification of stainless steel internal structure, it can be divided into martensitic stainless steel, austenitic stainless steel, ferritic stainless steel, ...

roger chen - kaysuns industry limited


Posted 1 month agoPress > about stainless steelKAYSUNSSUS304 +2
All posts from cnwellgreen