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Steel Tube Market Price Fluctuation

Since early this year, the new capacity continues to release, harder to export, enterprise high cost of production factors, such as steel pipe industry the status of the high cost and low profit continued, is expected in the second half of the steel pipe market will continue to supply, price low volatile situation difficult to reverse.

According to incomplete statistics, China has more than 100 million tons of steel pipe capacity (including projects under construction) in 2012.In this case, there was more than 60 million tons of welding capacity and 79.6% of capacity utilization.A53 erw pipe steel pipe capacity exceeds 42 million tons, capacity utilization rate is 67.1%, and the excess capacity is obviously above the welding tube.In the first six months of this year, domestic steel pipe production was 39257,000 tonnes, up 10.74 per cent year on year, according to data released by the China steel structure association steel tube club.The production of seamless steel tube was 1535.40 million tons, up 10.6% year on year.The production of welded pipe was 239.03 million tons, up 10.8% year on year

In the second half of the year, demand for steel pipes will continue to grow modestly, according to the steel structure association of China.Since the beginning of this year, China's fixed asset investment has maintained steady growth of more than 20 percent, the pace of urbanization has accelerated, and the demand for the energy sector has continued to thrive.For the first time, the national energy administration has positioned the coal-bed methane industry as an important emerging energy industry, marking the beginning of the implementation phase of China's coal-bed methane industry policy.In the case of the relative stability of the national macro policy, the demand for steel pipe market will continue to grow modestly, which will play a driving role in the steel pipe market.

The supply side, the second half, although steel production growth has slowed, but the yield is far in excess of the market is estimated to increase new demand, thus aggravate the contradiction of supply.

Given these factors, the steel pipe market is expected to show a glut in the second half of the year, and steel pipe prices will continue to fluctuate at low levels.Squeezed by price and cost, and trade frictions increase, steel pipe exports harder, steel pipe industry the status of the high cost and low profit continuedPsychology Articles, to a fundamental improvement in the enterprise benefit.

Source: Free Articles from ArticlesFactory.com

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