Weekly Review of Seamless Pipe Market (12.7-12.14)
Seamless pipe market prices weakened and consolidated this week, and the overall market turnover was sluggish. Up to the time of publication, Tianjin market quoted 219*6mm for 5450 yuan/ton per day, 50 yuan/ton lower than last week’s price; Beijing market quoted 5000 yuan/ton with the same specifications, which was stable compared with last week’s price; Cangzhou market quoted 4900 yuan/ton, which was stable compared with last week’s price; Taiyuan market quoted 4800 yuan yuan yuan/ton, which was 50 yuan/ton lower than last week’s price; Baotou market quoted 4950 yuan/ton for 219*7mm, which was stable compared with last week’s price. It is understood that seamless pipe prices in the North China market have weakened this week, and some areas have remained stable as a whole, with little change. Mainstream range is 50 yuan/ton.
From the aspect of raw materials, the price of tube blanks in Shandong Province is temporarily stable today. Influenced by the cost of raw materials, the price of seamless tube is stabilizing and weakening, but the delivery situation is not ideal. Dealing: There are not many market inquiries and downstream purchasers are not active. With the winter approaching, the demand in North China has further shrunk and intensified, and the indoor and outdoor projects have basically stagnated. Overall trading performance was poor. Inventory: According to business feedback, it is running at a low inventory level. In order to avoid risks, in addition to the daily amount of agreement, it mostly makes small replenishment according to market conditions, and the inventory pressure is not high. Traders basically maintain stable shipments, are still not optimistic about the late market, the willingness to replenish the Treasury is not strong, it is difficult to change the hollowness of the merchants in the short term, and it is expected that the seamless pipe market will continue to weaken next week.