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Raw material cost of precision tube
Raw material cost of precision tube
Source: youtube2d.com Release date: March 18, 2019 13:37:33 Number of hits:

Shandong welded pipe market fluctuated and rose, and the transaction situation was better than last week. At the beginning of the week, affected by the decline in the futures market, the prices of raw materials, billet and strip steel decreased, and the market price of welded pipe in Shandong Province also went down. But fortunately, the market still has certain expectations for the later price rebound, so the reduction rate is not high. From the middle of the week to the later part of the week, the raw billet and strip steel began to fluctuate upward. Affected by this, the market price of Shandong welded pipe also began to rise.

It is understood that with the overall improvement of upstream raw material pipe plants, 45 mm precision tube The support degree of raw material cost has been obviously enhanced, and the demand side has released today, which has formed a favorable environment for the price rise. Therefore, the local welded pipe market as a whole is still on the rise. At the same time, considering that the inventory of welded pipe products showed a downward trend this week, the supply pressure slowed down, forming a certain positive support for the market price.

In the later stage, the main factors affecting the price trend of local welded pipe are as follows: first, affected by the policy of environmental protection and production restriction, the blast furnace operating rate of the whole country continued to decline during the week, especially in Hebei area, which was beneficial to the market. 2กข With the rise of temperature and the gradual release of demand, the local inventory of welded pipe products will have a certain range of decline, which also forms a good support for the current market. In a comprehensive consideration, under the current situation of low inventory and no reduction in support of the cost end market, Shandong welded pipe market may continue to fluctuate and run well in the short term.

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