Weekly Review of Welded Pipe Market (12.24-12.28)

Weekly Review of Welded Pipe Market (12.24-12.28)

This week, the prices of welded pipe and galvanized pipe in the market have been lowered. The market is generally closed and the downstream demand is general.

Raw Material: Today, Ruifeng Strip Steel in Tangshan, 610-635/495-535 reported 3570 down 50, 685-720/850-880 reported 3590 down 30 including tax. This week, the prices of welded and galvanized pipes in North China market were mainly lowered, and the market turnover was general. Up to now, due to climate factors, the pipe market has basically entered a hibernating state, the downstream demand is very low, mainly scattered shipments. Businessmen are more cautious at present, and they are basically on the lookout. The prices are not as good as the psychological expectations and they dare not store easily in winter. In a cool market, it is expected that the pipe market in North China will be dominated by price cuts next week.

Scaffold pipe: Scaffold pipe prices fell sharply this week. By the time of publication, the mainstream cash tax in the market was 3820-4890 yuan/ton, down 150 yuan/ton from last week. Price aspect: Strip steel prices fluctuated downward this week. As of the time of issue, 145 narrow bands contained tax return of 3570 yuan/ton, down 180 yuan/ton from last week. Start-up rate: This week, 99 production lines of scaffolding pipes in Tangshan were shut down, 88 of them were shut down, and the start-up rate was 11.11%, which was the same as last week. Dealing: Scaffold pipe market is in a slump this week, and overall shipment is generally weak. It is understood that the scaffolding market in Tangshan this week is still weak in both supply and demand. Affected by the strong invasion of cold air, construction sites in the north have been shut down, and the demand for pipes is very small. In addition to the strong price in the first half of the week, the market inquiry telephone is very few. The persistent poor delivery leads to a more pessimistic mentality of businessmen. Only the price reduction to stimulate the market, mostly profit-making shipments, is coming in recent years. At the end, most businesses believe that demand will continue to shrink in the later period. If the price can reach the trader’s psychological price, there will be a wave of winter storage. If the psychological price fails, the winter storage plan will be discussed separately. At present, the business mentality is mostly empty and lack of information about the future market. It is expected that the market turbulence of scaffolding management in Tangshan will weaken next week.