The current cost of capital has fallen. The cost of borrowing by traders has fallen compared with the cost of capital last year for one to two months a month. Although financial pressure has improved, the current economic prospects are not optimistic. Seamless pipes, small-caliber seamless pipes and seamless pipes in East China are at a low level.



The seamless steel pipe market is going through a period of pain, and the capital market may respond more quickly to loose expectations, but the seamless steel pipe, small diameter seamless steel pipe, seamless steel pipe market still depends on actual demand, traders are expected to increase inventory. Time has passed. Loose expectations could lead to a downturn in seamless steel pipes, which would push up steel prices, but the process would take time. In the short run, the price of seamless steel pipe, small diameter seamless steel pipe and seamless steel pipe will be very low. Mergers dominate.