Cold drawn seamless steel price fluctuations

Sep 29
13:19

2015

Henary Lee

Henary Lee

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By some recent large steel mills have raised, cold drawn seamless steel prices and raw material prices, driven by the support, the majority of the research object represents the next two weeks the market price is likely to remain stable or upward shocks, most objects shipments expected to remain stable.

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Regarding the resources,Cold drawn seamless steel price fluctuations Articles cold drawn seamless recent resource supplement, to significantly lower shipments, manufacturers resources from the point of view of low inventory of stock, out of specification more small plant resources in Cangzhou steel pipe areas relatively neat. Near the traditional Dongchu period, but dealer orders enthusiasm is not high, the first light of the current high steel prices, the other is high pressure chemical fertilizer pipe sluggish demand in the second half of next year so that traders lack confidence in most of the market Business Suppliers operating somewhat cautious. From Lanzhou to regions, the market environment is basically the same, two weeks before leading steel frequently raised prices push higher resource costs make traders confused again, generally expressed cautious. Expected shortly, Yinchuan construction steel prices have pulled back slightly possible. For the September price, the current market mixed views, some do not count on drawing seamless steel tubes, steel mills remained high current yield, resource supply pressure is still too large and had to try to reduce the current inventory; cold drawn seamless pipe market confidence, small dealers market enthusiasm is not high, it is difficult to stimulate demand alone terminal prices. But there are some dealers that the price fell sharply after nearly a month, and has also run in the bottom half a month, downstream users and small dealers in the hands of the resource has been depleted to digest, less inventory, the recent large rise in inventories the momentum has slowed down; secondly from September data, showing signs of warming investment, post-drawing seamless steel tubes market there is a need-based, cold drawn seamless steel pipe prices will moderate rebound. The current emphasis on the development of non-steel enterprises steel business has its particularity era, is in a transitional period of development of the industry is inevitable. However, the steel business as the core of the steel enterprises concerned, can not be reversed into another job profitable sideline primary and secondary cycle. From the urbanization process in China, the steel industry still has a large downstream demand, the development prospects of the steel industry. Industry still has broad prospects for development. Enhance core profitability should be the adjustment of industrial structure, improve product quality and ability to resist risks, strengthen scientific and technological innovation and the downstream expansion. At the same time reinforce the main industry, taking into account the development of sideline is to achieve sustainable growth of the law.