Welded steel pipe prices have shown a more obvious rebound
Recently, the steel market has shown little fluctuation, basically continuing the main steady-state trend before the festival, and only at the end of the week showed obvious signs of rising. However, the performance of raw materials and futures markets is relatively satisfactory, and the sustained rise has also stimulated the active atmosphere of the whole welded steel pipe market, so that spot steel prices began to rise sharply at the beginning of this week.
Of course, welded steel pipe prices can rise in a large area. It is not enough to rely solely on futures prices and raw material prices. According to the data, although the social inventory temporarily ended in the week before the festival for 30 consecutive weeks, the social inventory immediately returned to the declining trend in the week after the festival.
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