Plate prices fell first and then rose in July

Overview: This week, the price of raw materials rose slightly compared with last week. The price of the pipe factory rose with the fluctuation of the price of raw materials. The regional market price was always in a weak state due to the demand. The futures market continued to dive sharply after a short rise. Yuan/ton, the national billet price rose by 50-60 Yuan/ton, the market shipment was in a state of loss, and traders were more pessimistic.

[Price]

Welded pipe and galvanized pipe: Xi'an 4-inch*3.75mm welded pipe was quoted at 4,800 yuan/ton, down 30 yuan/ton from the previous week, and 4-inch*3.75mm galvanized pipe was quoted at 5,570 yuan/ton, up 50 yuan/ton from last Friday. ton; seamless pipe: Xi'an 108*4.5mm Linyi Jinzhengyang reported 6,000 yuan / ton, which was unchanged from the same period last week.

[Inventory]

This week, the inventory of welded pipe and galvanized pipe sample enterprises in the northwest region was 29,900 tons, an increase of 0,700 tons from the same period last week; the inventory of seamless pipe sample enterprises in the northwest region this week was 13,400 tons, which was the same as last Friday.

[Market side]

This week, the price of welded pipes and galvanized pipes in the northwest market was dominated by the following, with a week-on-week decline of 30-100 yuan/ton, and the price of Bayi Steel's galvanized pipes decreased by 100 yuan/ton week-on-week. In the market: this week, the demand in the northwest market has improved slightly due to the continuous decline in prices. The rising price of raw materials cannot provide strong support for downstream shipments, and traders continue to lose money. In terms of raw materials: this week, the price of 355 series strip steel has increased compared with last week. 130 yuan / ton, the futures market is still pessimistic, and the future market is generally not optimistic in the near future. Some steel mills are still in a state of shutdown for maintenance, the output of pipe mills has increased slightly, and traders have basically completed replenishment. In the context of the contradiction between supply and demand, it is expected that the price of northwest welded pipe will still fluctuate weakly next week.

[Seamless pipe] 

This week, the price of pipe blanks has increased by 130 yuan/ton. The ex-factory prices of mainstream seamless pipe factories across the country have fluctuated, and most of them have remained stable. *4.5mm Linyi Jinzhengyang Xi'an market reported 6,000 yuan/ton, Lanzhou reported 6,140 yuan/ton, and 108*4.5mm clad steel Urumqi market reported 6,450 yuan/ton. Market: It is reported that Baotou Steel introduced a new round of preferential policies this week. The high-priced resources were digested slowly in the early stage of the market, and traders' quotations were slow to follow. ; In addition, the trend of black futures has weakened significantly, and the billet will rise first and then fall. The merchants said that the market price may still have room for downward adjustment. Combined with the above willingness, the price of the Northwest seamless pipe may fluctuate weakly next week.