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Accumulation of abnormal steel pipe Market
Source: http://sunshineooty.com Number of visits:

The price of construction steel is stable in Nanjing market. According to the monitoring data of iron and steel cloud business platform; As of the time of publication, Yonggang and Shagang grade III large thread 4170 yuan (ton price, the same below), to maintain stability.

The market opened today, the price of construction steel in Nanjing market remained stable and the transaction was general. Early day steel high open shock late diving. Tangshan square billet rose 10 yuan, and now ordinary carbon billet factory tax 3660 yuan. From the local traders understand, weekend backlog demand slightly released, most transactions to low prices. Abnormal steel pipe market accumulation phenomenon is obvious, but businesses still stand up, and the cost of the price also has a certain support, so the price has little room to fall. To sum up, it is expected that the price of construction steel in Nanjing market will be adjusted in a narrow range tomorrow.

On the 22nd, the domestic seamless pipe market prices generally rose. According to the monitoring data of the steel cloud business platform, the market price of seamless pipe in North China rose by 20-80 yuan, the current market price of 108 * 4.5 was 4530-4580 yuan, the market price of seamless pipe in Northeast China rose by 30-100 yuan, the current market price of 108 * 4.5 was 4600-4700 yuan, and the market price of seamless pipe in East China rose by 50-70 yuan, and the current market price of 108 * 4.5 was 4450-4650 yuan.

On the 21st, the bid price of Weigang, Huaigang, Zhongtian and Changqiang increased by 50 yuan in the last ten days, and the ex factory prices were 3940 yuan, 4100 yuan, 4100 yuan and 4050 yuan respectively. This morning, the overall rise in seamless tube sentiment is strong, recently, Shandong Environmental Supervision strict, strengthen control coking production limit of 50%, some manufacturers temporarily do not accept orders. In the early stage, the market kept low inventory, but the demand has improved recently. Some specifications are out of stock or resources are scarce in various markets. To sum up, it is expected that the price of seamless pipe will be stronger in the short term.

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