Calculate PriceRequest for quotation

Connect with :

View Special Offers
  • Check out our weekly specials steel pipe, fittings and other industrial supply products. Get competitive pricing now!
45# seamless steel pipe market is still worth looking forward to after the steel market price surges
Date:2019-04-21      View(s):1062      Tag:45# seamless steel pipe market is still worth looking forward to after the steel market price surges
Recently, the price of 45 # seamless steel tube has risen sharply and fallen sharply. After the surge, the market quickly restored calm. According to industry analysis, the 45 # seamless steel tube stock market is still at a low level, and the market is rising steadily. It is to be expected that the price of 45 seamless steel pipe has soared recently. After the surge, the market quickly restored calm.  According to industry analysis, the 45 # seamless steel tube stock market is still at a low level, and the market is rising steadily.


Rising and landing


"Domestic 45 # seamless steel pipe prices have seen a rare increase in the past five years." Analysts described recent trends in the 45 # seamless steel pipe market.


March 4, 7 and 8, three consecutive days of strong rallies and stops, 45 # seamless steel pipe futures and spot market as a whole crazy mood. Subsequently, the whole market fell, market violence rose sharply and quickly fell back, and some finished products soared before they plunged to their lows. The dominant operation of roller coaster market can be seen from unreasonable operation.


Analysts pointed out that "this wave of steel prices from the beginning of the Spring Festival, after two consecutive weeks of growth has reached a climax. The outbreak node should be the continuous short selling market in the steel market, which will ignite the overall market sentiment. The environmental draft of the Tangshan World Expo has helped the market, and with the help of existing low inventory advantages and oversold anti-convulsion energy, the overall performance has exploded.


It is expected to rise steadily

It is noteworthy that the stock of 45 # seamless steel pipe market is still low. Prior to the surge in the market, hot rolled coils in the frontier of the circulation sector and the circulation sector showed a relatively tight resource situation. It is understood that the resources of large households in major areas are still relatively scarce. Although the market soon withdrew, but also in the expected scope of business, steel plant resources time is uncertain. After the steep fall, there is still support.


Analysts pointed out that after the Spring Festival, the real estate market is booming, the first payment, deed tax and other interests are frequent, which promotes the real estate market in the first and second-tier cities to rise, and the third-tier cities will follow suit. The liquidity and code reflected in the relaxation policy is also conducive to the recovery of the 45 # seamless steel pipe market. In addition to the market confidence brought by the recovery of the real estate market, the overall rise of the steel market after the Spring Festival has also brought positive expectations to the market, which has become a factor in the rise of the market.


According to data monitoring, the average price of Australian flour is 61.5%. At present, the price of Australian flour is around 480 yuan/ton, and the Pu's index has risen to more than 60 dollars. After the Spring Festival, the BDI index has risen for 16 consecutive trading days, and the shipping market is warming up.


However, the surge in timber production has also stimulated the resurgence of some zombie companies. Some steel mills will resume production in the near future. In the ore market, even if some large foreign mining companies have introduced production reduction plans to ease the pressure of iron ore resources, some mining companies can not start to ship at a cost of about $60 per ton. The supply of iron increases the ore, which increases the production cost of steel mills. It is expected that this transmission will be reflected later.


For the future market, analysts said: "After these days of surge, the market gradually returned to rationality. In the context of tight supply, the price of 45 # seamless steel pipe may continue to rise, but relatively moderate.