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The market of oval shaped steel pipe is in a weak position, and the purchase price of steel mills in some areas will be reduced by 20 yuan / ton
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On the port side, the inventory has been climbing steadily. At present, the total port inventory is 3.08 million tons, an increase of 122000 tons compared with last week; The downstream steel mills are still lack of confidence in the later steel market. However, due to the impact of recent documents and policies, they have a strong wait-and-see attitude towards the future market, and the pressure on the purchase price of coke has also weakened, and the decline trend of coke price has slowed down. Shandong: the market continues to be weak, the downstream demand is not good, the market transaction situation is extremely bleak, the operating rate of coking plant is constantly adjusted, the contradiction between market supply and demand is serious, and the production reduction of coke enterprises in the later stage may be serious.
Shanxi: the market is weak and stable, the steel mills are generally enthusiastic in purchasing, and the market transaction performance is not good. Although the production of coking plants is generally limited, the range is limited. The de stocking process of coking plants is still at the end. Some coking plants still have the possibility of low-level shipment. It is expected that the local market will be weak and consolidation in the future. Hebei: Oval shaped steel pipe The market is running in a weak position. The purchasing price of steel mills in some areas has been lowered by 20 yuan / ton. The market transaction situation is general. Due to the suppression of environmental protection policies, it is difficult for the blast furnace operating rate to rise significantly, and it is difficult to improve the coke demand in the later stage. The excess supply still restricts the coke price, making the market enterprises weak and hard to change in the future.
According to the analysis of fufufubao coal coke research group, at present, the environmental protection supervision is relatively strong, and the market supply exceeds demand, which has not been improved. In addition, the further decline of coking coal price has weakened the support of coke cost, and the coke market still has the risk of falling in the later stage. However, at present, the coke enterprises are suffering from serious losses, and their resistance to price adjustment has intensified, and they have begun to show positive action to reduce production. On the whole, the abnormal steel pipe market is expected to stop falling and stabilize, and the willingness to fall again has been greatly weakened( Related information: Special shaped steel pipe, special-shaped pipe weak small decline
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