SunSirs: Traders have started construction one after another and the seamless pipe market remain stable
February 27 2020 12:17:52 SunSirs (Molly)
According to statistics from SunSirs, seamless tube traders have started construction and started quoting. The price of 20 #, 108 * 4.5 seamless tube is now reported at 4,418 yuan / ton, down 0.09% from the previous day.
Pipe plant: Shandong short-process pipe plant opened 40 production lines, an increase of five, of which Linyi added two 108 * 4.5mm mainstream base prices of 4250 yuan-4280 yuan/ton, continuous rolling 4380 yuan/ton, 219 * 6mm factory 4250 yuan-4300 yuan/ton, Liaocheng mainstream medium-thick wall 4250-4300 yuan / ton. Panjin six stripping units are temporarily suspended, mainly to digest inventory.
Tube billets: Weigang 20 # hot-rolled listing is 3620 yuan/ton, continuous casting is 3520 yuan/ton, Luli 20 # hot-rolled is 3550 yuan/ton, continuous casting is 3350 yuan/ton, and the blast furnace stopped by Luli will resume production .
Traders: With the gradual start of traders, the shipment volume has increased from 1-2 cars a day to 3-5 cars a few days ago, and small-scale merchants basically do not stock up, and have started to sell goods. The market is still in its infancy.
Future Forecast: Now, with the continuous resumption of work in the pipe factory, the seamless pipe inventory continues to increase, but within the expected range, in order to meet the downstream demand, the price of seamless pipes is mainly stable and little movement.
If you have any questions, please feel free to contact SunSirs with support@sunsirs.com .
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