Price trend

According to the statistics of SunSirs, on the 13th, the market price of seamless tubes rose slightly. The price of 20#, 108*4.5 seamless tubes was 6,285 RMB/ton, an increase of 0.12% from the previous trading day and a year-on-year increase of 9.07%.

Analysis review

On the 13th, the ex-factory price of mainstream steel mills was stable, and the ex-factory price of Dongfang tube billet was quoted at 5,550 RMB/ton. The price of raw materials fluctuates at a high level, and the cost of tube billet purchases by tube factories remains high. The price of the tube factory is difficult to be lowered, and the recent policy release is favorable, which strongly supports the ex-factory price of the seamless tube. The domestic seamless tube market price rose steadily and slightly.

At present, with the downgrade of traffic control in accordance with the State Council’s transportation deployment, some areas allow truck drivers to pass the high-speed checkpoint after holding a nucleic acid and green code for 48 hours, but most of them are not willing to accept orders, and the arrival of resources is still slow. Steel traders take a wait-and-see attitude towards the market outlook.

Market outlook

It is expected that the seamless tube will remain stable and strong in the short term.

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