Off-season end demand is expected to fall back Stainless steel pipe to the warehouse slowed down leading to a pullback

At present, the macro policy is still good, but the industrial contradiction is warming up, the rebound of iron is slightly supportive of the cost, stainless steel pipe itself fundamentals have no driving force, off-season terminal demand is expected to fall back, the slowdown in de-stocking led to the retracement, there is no sign of a big fall for the time being.

 

 

    Today's spot prices of stainless steel pipe in the national region weakened. Seamless pipe, raw material billet prices down, stainless steel pipe factory offer overall stable, but the stainless steel pipe market turnover slightly improved, traders cautious mindset unabated. Welded pipe, raw material strip steel prices run weak, downstream stainless steel pipe factory and market prices have been adjusted downward, the overall trading release is general. In summary, it is expected that tomorrow's stainless steel pipe prices are stable and up.

 

 

    Global iron ore shipments remain high, domestic arrivals have risen, there are some de-emphasis but the pressure is still large. Demand side, constrained by the contraction of stainless steel pipe factory profits and the weak terminal acceptance capacity, iron production is expected to have entered the second half, iron ore demand continues to improve the space is not large. In summary, iron ore prices are expected to be stable tomorrow a rise.

 

 

    Today's stainless steel pipe spot mainstream market is stable and weak. After the first of May the funds back and start work still need to be positively driven, short-term space below is not big, stainless steel pipe prices are mixed, overall in the shock area. Inventory is relatively low traders, you can appropriate amount of replenishment, control the total inventory, rolling operation is the main.