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Stainless steel pipe "spring" is difficult to warm

 
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happywork
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PostPosted: Thu Jan 11, 2018 7:01 am    Post subject: Stainless steel pipe "spring" is difficult to warm Reply with quote

{<p>Today's steel market inertia showed "Monday" cautiously wait and see market, slightly turmoil, but the weakness is still the main theme. Sub-species point of view, long products are still struggling to struggle up, but the transaction is still the biggest obstacle, the momentum of the ups and downs often die in the bud; plate has long been aware of the resistance to do is useless, especially cold-rolled coil, showing Slightly Pudie trend; pipe seamless pipe is still tangled in ups and downs, welded pipe slightly higher.
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<p>At the same time, the billet rose slightly last week after the shock, climbed to 3310, this week can break the previous high point is still the question mark Overall, the national steel market inventory last week fell for the fourth consecutive week, but the decline last week than the previous week Has shrunk, the current level of inventory increased 26.91% over the same period last year. The current price of steel has once again refreshed the highest point of nearly four years. End-user affordability weakened, some sites have to slow down the construction of the phenomenon of the overall turnover of the market to form a certain impact.

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<p>In the near future, many mills in the northern region have resumed production one after another, and inventories of the northeast region have rebounded again, resulting in a slowdown in the overall domestic inventory decline. From the overall pattern of supply and demand, from January to February, the growth of crude steel output in China was relatively mild. The growth of real estate and infrastructure investment exceeded the market expectations, confirming the current high demand for domestic steel products. Domestic steel market supply and demand continue to improve, the formation of steel prices continued good.

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<p>Million stainless steel shows that fixed assets grew 8.9% YoY in January-February, a year-on-year increase of 0.8 percentage points, the highest since July last year. January-February, China's crude steel and steel output were 128.77 million tons and 165.55 million tons, an increase of 5.8% and 4.1% respectively. At present, the trend of the steel market in China is long and short. On the one hand, it continues to exert its power in productivity and environmental protection. The investment in real estate and infrastructure is accelerating. The social stockpiles continue to drop, supporting the current high prices of steel and steel mills. On the other hand, Market interest rates, monetary policy showed signs of tightening, while the property market regulation overweight upgrade, the real estate market is expected to cool down, the overall market mentality weak</p>
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