introduce the trends of steel price
Domestic steel prices, steel prices rose this week. Under the background of the traditional off-season industry as a whole needs a marginal improvement (cold-rolled performance is particularly obvious), superposition industry output contraction, low industrial chain inventory, steel prices rebound strongly. Considering the previous shutdown overhaul mills did not appear large area production, steel price short-term correction is unlikely. Years later Steeldownstream demand will determine the steel price movements, if the real estate cycle recovery will drive the steel price in the new development for medium level rebound;
Inventory: 152200 tons of rebar inventories in Shanghai market this week, up from last week, 03900 tons of hot rolling stock 541900 tons, 01000 tons of drop from last week. Nationally, the stock fell, each type Mysteel stock 8.6081 million tons, the statistical society dropped 13000 tons, the end user of the periodic inventory
Difference of PSL1 and PSL2(API 5L)
The API 5L has two standards, PSL1 and PSL2, which are very different from each other. I'll talk more about the differences between PSL1 and PSL2.
Production Process of Pipe Fitting
There are many kinds of processing methods for pipe fittings.
The Future of Steel Pipe Development
The future of steel pipe development is looking promising, according to expert analysis and data. The price of carbon steel pipe is predicted to bounce back this year, with China leading the way in increasing steel consumption demands. This is due to a series of government initiatives aimed at stimulating domestic demand, including the construction of affordable housing and infrastructure projects. The demand for structural steel pipe is also on the rise, thanks to state investment in housing and engineering projects. With private investment projects also gaining popularity, the steel pipe market is set to thrive in 2017.
