SunSirs: Seamless Tube Market Weekly Report (3.20-3.25)
March 27 2023 14:20:31On March 25, the benchmark price of seamless tube in SunSirs was 5102.50 RMB/ton, an increase of 2.05% compared with the beginning of this month (5000.00 RMB/ton).
In terms of raw materials and pipe factories, the price of pipe blanks has fallen, and the price of raw materials has continued to decline. The quotations of pipe factories have temporarily stabilized, the effect of destocking is not good, and the orders of pipe factories are average. In terms of the market, still affected by negative macro information from abroad, domestic panic continues to ferment.
In addition, the price of black futures has continued to fall recently, and the transaction of seamless tubes has also been mediocre. Shipments are the main focus, and expectations for the market outlook are generally low. It is expected that the price of seamless tubes will remain weak and stable.
If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.
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- 2024-04-15 SunSirs: The Seamless Tube Market Experienced Narrow Fluctuations This Week (April 8-12)
- 2024-04-02 SunSirs: Seamless Tube Prices Fell Weakly in March
- 2024-03-26 SunSirs: This Week, the Seamless Tube Market First Fell and Then Rose (March 18-22)
