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Large-diameter seamless pipe prices fall back to the market with a wait-and-see attitude

Date:2020-08-07View:420Tages:SSAW Steel Pipe
Large-diameter seamless pipe prices fall back to the market with a wait-and-see attitude

At the opening of the market today, the market price of large-diameter seamless pipes in the Nanjing market was lowered by 30, and the transaction was weak. Nanjing market 108*4.5 Linyi large diameter seamless pipe price is 4940 yuan / ton, 219 * 6 Linyi large diameter seamless pipe price is 5100 yuan / ton, 325 * 8 Xinye special steel large diameter seamless pipe price is 5430 yuan /Ton.

Today's opening, raw materials, Tangshan local steel mills and surrounding areas, some resources, carbon billet, stable report 3690 yuan / ton, including tax factory; 14th Wuxi hot rolled 20# tube billet 50-110 medium-day 4230 flat, 50- 100 Huaigang 4300 flat, 50-130 long strong 4210 flat. Linyi hot rolled 20# tube billet 50-70 Tiangang 4130 fell 20, 50-140 Luli 4070 fell 20. The price of the tube bill fell, the price of the local tube factory continued to decrease, and the overall market turnover was not good. According to traders' feedback, the resources of the North have increased in the near future, and the market demand is waning due to the continuous rainy weather. Therefore, local traders choose to cut prices and reduce inventory.

In terms of the market, the price of large-diameter seamless pipes has recently been weak, and traders have indicated that prices have fallen. The market has a wait-and-see attitude and the transactions are light. In terms of inventory, inventory was temporarily stabilized compared with the same period last week. Yuanli's specifications are basically complete, and other steel mills have less inventory. In other respects, billet prices continue to fall and costs are reduced. Overall, stocks are temporarily stable, market specifications are basically complete, transactions are general, raw material prices are falling, so it is expected that the large-diameter seamless pipe market in Nanjing will be weakly stable.