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SunSirs: This week's seamless tube market is mainly weak and stable (3.2-3.6)
March 09 2020 09:32:41SunSirs(Molly)

1. Price Trend

According to statistics from SunSirs, the seamless tube market fell steadily this week. At the beginning of the week, the price of 20 #, 108 * 4.5 seamless tubes was reported at 4,418 yuan / ton, and at the weekend, it was 4,408 yuan / ton, down 0.23% from the beginning of the week, a year-on-year decline. 7.2%.

Tube factory: The recovery rate of the production line of the tube factory in Shandong area is 51.3%, and the recovery rate in Liaocheng is high. The recovery rate depends on the inventory and sales. The total inventory of seamless pipes was 731,300 tons, an increase of 0.5 million tons from last week, an increase of 0.68%. The current base price of 108 * 4.5mm in Linyi is 4100 yuan-4150 yuan / ton, and the thick wall of Liaocheng is 4200 yuan-4250 yuan /ton.

Tube billet: Tube billet continued to weaken, Luli 3430 yuan / ton; Jiangxin hot rolling 3430 yuan / ton, continuous casting 3300 yuan / ton; Weigang hot rolling 3450 yuan / ton, continuous casting 3320 yuan / ton; day Hot rolled steel is 3430 yuan / ton.

Traders: Recently, traders have resumed work and started to ship. Now the recovery rate of pipe plants in Shandong area has begun to increase. As traders start to deal, inventory pressure begins to decrease and the market starts to improve.

2. Future forecast

Due to the recent reduction in prices of tube blank manufacturers and tube factory prices, the shipping prices of traders have also fallen slightly, and the overall change has been small. It is expected that the market price of seamless tubes will be mainly stable in the short term.

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.

 

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