In April, the raw material side expects the ups and downs of stainless steel pipes to recover in the short term, but the market outlook is still under pressure.

In March, the price of stainless steel pipes rose and declined, and the pressure of supply and demand continued, dragging down the spot market. In the main raw materials, nickel iron is weak, and other raw materials such as nickel, waste stainless steel and high -carbon chromium iron are not obvious. The shrinking profit space drags the production and raw materials procurement of enterprises. In the later trend expectations, the demand for the stainless steel pipe market is not as good as expected, and the pressure of supply and demand will continue to drag the market.

 

 

As a variety closer to the downstream terminal industry, stainless steel pipes are closer to the downstream terminal industry. The market -driven factors are also affected by the upstream raw materials in addition to their fundamental changes in their own supply and demand. Among them, nickel and chromium are the most representative.

 

 

In March 2024, the prices of stainless steel pipes and upstream nickels and chromium varieties showed a rise and fall. Among them, the average price of upstream raw materials is strong to varying degrees of this month, but the digestion of stainless steel pipelines is not as good as expected. The market is concerned about strong emotions. The fluctuations in raw materials have not been significantly boosted on the spot of stainless steel pipes.

 

 

Stainless steel pipe market: market disadvantaged main driver comes from the fundamental pressure of supply and demand

 

 

From the perspective of the changes in stainless steel pipes, the market was in a weak operation in March, and the price center was moved down. During the statistical period, the stainless steel pipe futures fluctuated downward, and the stainless steel pipe market was dragged down. Although the inside and outside nickel futures rose in the first half of the month, the supply pressure in the stainless steel pipe market was relatively strong. Mainly, the market is difficult to vibrate. In the second half of the month, as nickel futures began to decline, the spot market in the stainless steel pipes was worried about the rise of the atmosphere, and the end users of the end users were cautiously enhanced at the atmosphere of buying up. The pressure has continued. Although the market is approaching the end of the month, the follow -up situation is not ideal. Generally speaking, the fundamental pressure of supply and demand is the main factor in dragging the market conditions within the month.

 

 

From the perspective of the industrial chain, the average electrolyte price of electrolytic nickels in the main raw materials of stainless steel pipes in March is the most obvious. It is mainly driven by the demand for new energy. Although the driving effect of new energy in the second half of the month has gradually weakened, the market has fallen, but the monthly period is declined, but the monthly period is declined, but the monthly period is declined. The average price center of gravity realizes relatively obvious upwards. In contrast, the performance of nickel iron, waste stainless steel and high -carbon -carbon iron. Although the monthly average price is also strong, the increase is relatively not obvious. Among them, nickel iron was dragged down by the demand for weakness and the guidance price of steel moves. The stainless steel pipe market was weak down, but the average price was still moved up from last month. The price base at the beginning of the month at the beginning of the month is relatively high, and the influence of the poorly dragged down with the weak demand, the lack of economy and the source of the sources of lack of energy, and the average monthly price is strong; In the end of the end, the counter -trend rose, but the average monthly price rose only a narrow range. Although the average price of various varieties of raw materials has risen to varying degrees, it is not strong to support the cost of stainless steel pipes, and it has not been effectively driven by the trend of the stainless steel pipe market.

 

 

Profit: Stainless steel pipe price center of gravity shift profit atrophy space is relatively more obvious

 

 

From the perspective of cost profit changes, the cost of stainless steel in March decreased by 2.58%compared with the end of last month, and the average monthly cost decreased by 0.89%. The price of stainless steel finished materials is relatively more obvious. The profit space has shrunk again. The production profit decreased by 65.17%from the end of the last month, and the average monthly profit decreased by 21.37%. The cost and profit decreased to varying degrees, of which the space atrophy space was relatively obvious. The shrinking of profits is mainly due to the center of gravity of the raw material price, and the price of stainless steel prices is dragged down. Considering that the profit margin is temporarily maintained at a relatively low level or a adverse effect on the initiative of the production of enterprises, it will also limit the enthusiasm of the purchase of various raw materials for the purchase of various raw materials to a certain extent, and drag a certain extent on the trend of various varieties on the raw materials.

 

 

It is expected in April: The raw material side is expected to rise and fall into each other's stainless steel pipes to rise in the short term, but the market outlook is still under pressure

 

 

Judging from the forecast of the later trend, the demand for the stainless steel pipe market is not as good as expected, and the fundamental pressure is expected to restrict the market. From the perspective of raw materials, the growth rate of nickel imports has risen, and the supply pressure continues to pressure the market. Chrome market supports the market with the support price of steel moves, and the economy of waste stainless steel may continue to lack the market market. The raw material side is expected to be performed on the ups and downs, but the overall support or continuous lack of production costs on stainless steel pipes, the impact on the stainless steel pipe market is biased. However, after the recent continuous decline in the price, some terminals have a certain bottom order expectation. In addition, as the price continues to decline, the market has the bottom of the market, or restricts the downward space of the market market, increasing the market watching atmosphere. It is expected that the stainless steel pipe market may rise at the bottom of the stainless steel pipe market in April, but with the influence of the traditional consumption off -season in the later period, the market pressure deposit will once again increase expectations. From the perspective of the industrial chain, stainless steel pipes, as downstream varieties, have a weak atmosphere of the market, or formed a sharp drag on raw nickel and chromium, especially under the expected rise of nickel supply, or increase the pressure atmosphere in the industrial chain.