Price trend

According to SunSirs data statistics, the seamless pipe market fell slightly this week. At the beginning of the week, the price of 20 #, 108 * 4.5 seamless pipes was reported at 4180 yuan / ton, and at the weekend it was reported at 4147.5 yuan / ton. 

In terms of raw materials:

Raw material tube billets are stable and low-key. Near the weekend, Weigang 20 # hot rolled 3520 yuan / ton, continuous casting 3420 yuan / ton. Luli 20 # hot rolled tube billet is 3510 yuan / ton, up 30 yuan / ton.

Pipe plant:

Swiss Steel Union has raised the price by 50 yuan / ton, and the base price of 108 * 4.5mm is 3920 yuan. Meixin's hot-rolling is raised by 30 yuan / ton, the cold-drawing is unchanged, the base price of 108 * 4.5mm is 3900 yuan / ton, and the base price of 57 * 3.5mm is 4340 yuan / ton. Taizong raised the price by 50 yuan / ton, the base price of 108 * 4.5mm after the increase was 3930 yuan / ton, and the cold-drawn 57 * 3.5mm was 4400 yuan / ton.

Future market forecast:

The raw material end will continue to rise, and the pipe factories have successively increased prices, but traders have not followed up. Most of them have stabilized, and some have lowered their prices. Coupled with increased investment in construction sites and increased downstream purchases, it is expected that short-term seamless pipe prices may increase steadily.

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