Because of the overcapacity of No. 45 seamless steel pipe and the low price of steel, the industry of No. 45 seamless steel pipe has fallen into deep profit. Today, the tight capital situation is spreading from steel traders to steel mills. Recently, a steel company in Jiangxi has gone bankrupt and its boss has gone bankrupt. "China Securities News" reporter in the interview learned that 45 days there are many tight steel pipe factories, especially the survival of small and medium-sized iron and steel enterprises. The current situation is worrying. Industry insiders expect that liquidity will be difficult to relax in the future, and the 45 seamless steel pipe industry can not rebound substantially, the steel industry capital chain tension will not appear in the short term, or become the normal face of "tight money", "45 seamless steel pipe industry continues to be depressed, capital pressure has been transferred from traders to steel mills." Due to the serious surplus of seamless steel pipe No. 45 and the weak demand downstream, the steel industry has fallen into a state of low profit, and many iron and steel enterprises have been tightened by funds, resulting in a sharp rise in the pressure of survival.


Precision Pipe, Cold Drawn Precision Seamless Pipe, Precision Cold Drawn Pipe, Small Diameter Precision Pipe, No. 45 Precision Seamless Pipe No. 13 Tangshan Steel Slab Weakly Stabilized to 3570 Tax-containing Plant. The direct turnover rate of steel mills is not high. At present, some steel bills in Tangshan and its surrounding steel plants are taxed at 3,570 yuan per ton, some resources at 3,570 yuan and bare price at 3,280 yuan. Early market prices for billets in other cities are still falling. Black futures are still fully stable, but the decline has narrowed significantly, which is a period of turbulence after the market fell.


45 # Precision seamless pipe market is stable and wait-and-see. Yesterday, the composite index fell by $1.25 to below 70. Businessmen were slightly pessimistic. Foreign mines have been falling. Market sentiment in the internal powder market has increased. During the two sessions, environmental protection and production as well as safety production policies have been implemented. The intensity is too high, the demand for iron and steel enterprises is weak, and the price is getting stronger and stronger. At present, 66% of acidic dry base of Xinda Iron and Steel contains tax, which is now reduced to 19 to 700 yuan per ton.
Gentle and
Unnoticeable precision pipe, cold-drawn precision seamless steel pipe, cold-drawn precision pipe, small-caliber precision steel pipe, precision seamless futures No. 45 fell today, the overall performance has completed a downward trend. The afternoon's decline intensified and market risk aversion warmed up. 20 # Seamless Tube Spot Market slightly declined, business sentiment increased, after price reduction, shipments in Beijing and Tianjin were small, and the overall performance of the Southern Seamless Tube Market was average.
Influenced by recent environmental protection and local production constraints, the bullish mood of seamless tube market increased significantly, which delayed the expected off-season slightly. However, from the perspective of market performance, even in the process of seamless tube price rise, the terminal only needs to buy and still dominates, and speculative demand has not yet been effectively triggered. Therefore, although it has risen, the market is relatively limited and rational. This is especially true in the spot market.
With the gradual development of environmental protection theme and the approaching of off-season demand, Tangshan's limited production will also end on June 10. Seamless steel pipe market lacks renewal theme, sustained pull-up power is challenged, and the market is facing short-term adjustment.
In the early morning of June 6, U.S. Commerce Secretary Ross's special plane arrived in Beijing ahead of schedule and began a new round of consultations on Sino-U.S. economic and trade disparities. China issued a statement on the Sino-US economic and trade consultation, indicating that the two countries have achieved consensus in Washington, and have conducted good communication in agriculture, energy and other fields, and achieved positive results. Specific progress. Details have not yet been confirmed by both parties. Achievements between China and the United States should be based on the premise that the two sides are moving in the opposite direction without striking trade.