SunSirs:The Seamless Tube Market Saw a Slight Increase (July 7-11)
July 14 2025 10:59:50 SunSirs (John)
Price trend
According to data from SunSirs, the price of seamless tubes slightly increased last week. As of the weekend, the price of 20 #, 108 * 4.5 seamless tubes was quoted at 4,067.5 RMB/ton, an increase of 0.18% from the beginning of the week and a year-on-year decrease of 9.76%.
Analysis review
Last week, the market price of tube billets had slightly increased, and the factory price of 20 # hot-rolled tube billets was 3,200-3,320 RMB/ton.
As of July 11th, the seamless tube market price had slightly increased, and downstream acceptance was limited.As of July 11th, the inventory of the management factory wa at a medium high level, the market situation was weak, the sales pressure was increasing, and in some areas, the supervision of automobile exhaust emissions was relatively strict, which limited the transportation of vehicles. The overall fundamentals were weak, and the traditional off-season was facing shipping pressure. The driving force for finished products was still insufficient, and market confidence lacked sustainability. However, the strengthening of Shanxi's production capacity inspection and the expected tightening of coking coal supply, coupled with the heating up of steel mill maintenance plans, provided support for the market.
Market outlook
Under the support of raw materials and expectations of domestic industrial policies, the seamless tube market may have short-term support for seamless tube prices, but the space is limited and it is difficult to see a unilateral market trend in the short term.
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