In recent days, the domestic seamless pipe market prices have maintained a moderate upward trend, and the construction steel market has not been so hot. The best performance in the pipe is the hot-roll type, and the transaction and inventory reduction are the best, and the price increase is also the largest. The market price of Wenzhou, the main producing area of 904L stainless steel pipe, rose by 200 yuan this week. The factory prices of Qingshan, Baofeng and other manufacturers rose slightly, but the price increase in Wenzhou market failed to drive the prices of other regions to rise significantly, and the price of steel pipe plants increased. The situation is not good, and the continued upward momentum is insufficient. The billet price was basically stable this week, the market turnover was slightly better, and the inventory was down, but the enthusiasm of the merchants to increase the price was obviously not as high as other varieties. Next week, Qinggang will introduce the product price policy for December, and the possibility of price stability of various varieties is relatively large, and it is expected that it will not have a big impact on the market.
In mid-November, the price of seamless pipes rose, the hype was the main cause, and the downstream terminal transactions remained relatively stable. In winter, the terminal demand is unlikely to be suddenly heavy. According to these observations, downstream procurement is still not available. The willingness to enter the market on a large scale is mainly based on wait-and-see. It is estimated that the recognition of price increases is not strong. If the latest terminal demand does not agree, the current round of steel price rebound is difficult to sustain.
On the whole, the inventory of seamless pipes will fall back today and will fluctuate weakly during the day. In terms of fundamentals, the Third Plenary Session of the 18th CPC Central Committee closed yesterday. The spirit of the meeting pointed out that the market should play a decisive role. Therefore, there is support under the thread, but the production of seamless steel pipe is still at a high level, the downstream demand is limited, and the rising kinetic energy is insufficient. The operation suggests that the previous period will be gradually profitable out of the high position in the previous period, and the short-term trend will remain weak, and the profit will be eliminated. Out.