Q345B seamless steel pipe market will maintain surface calm

- Dec 11, 2019-

Although in the background of the strong rebound of the stock market, futures and other capital markets, the spot market price of steel in some regions increased slightly in the beginning of last week, and the shipments in individual regions increased significantly. However, the whole week is still dominated by small fluctuations, and the trend of weakening is once again established. As of April 17, the Lange Steel Composite Price Index was 100.9 points, down 0.34 points from the previous week; the long product price index was 104 points, down 0.38 points from the previous week; the sheet price index was 96.6 points, down 0.21 from the previous week. point.

In terms of inventory, the national steel social inventories fell for five consecutive weeks, and the slowdown slowed slightly. On April 17, 2015, the national steel social inventory index was 137.68 points, down 2.02% from the previous week, and the decline rate slowed by 0.03 percentage points.

The recent ups and downs of Q345B seamless steel and steel market is mainly affected by the "policy market". Due to the large-scale pollution control and excess production capacity, the temporary "low price and low price" situation has been created, and the price has risen. Q345B is seamless. Steel pipe steel traders and middlemen actively entered the market and rushed to catch up with the goods when there were not many goods before the holiday. However, from the economic data of the first quarter released by the Statistics Bureau last Wednesday, the current economic situation is still not very good, and all the data are lower than expected. In addition, the pace of iron ore exploration will continue, and the support of cost is weak. The downstream real estate is mostly based on destocking. The construction of the land is limited, and the manufacturing industry is basically in a low-speed growth stage. In the short term, the demand for demand will be limited. According to comprehensive analysis, it is expected that the Q345B seamless steel pipe market will continue to maintain small fluctuations this week, and some cities have rise and fall.


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