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Spot resource reduction in domestic welded steel pipe market

2019-02-14 09:37:56   COMMENT:0 HITS:
  Some businessmen believe that in the current situation of continuous decline in stocks and tight circulation resources in the welded steel pipe mill market, the slight rebound caused by the release of demand after the festival can not be ruled out, but overall, the domestic Q235 Black ERW Seamless Welded Steel Pipe mill market will continue to maintain a low hovering situation.

  From the above two points, welded steel pipe seems that there will not be a lot of spot resources in the domestic welded steel pipe factory market after the Spring Festival, especially after the stockpiling has been greatly reduced, the resources in the hands of steel traders are generally insufficient; and the unexpected weak drop in steel prices on the eve of this Spring Festival, contrary to the strong and high in previous years, makes the possibility of the inertia pull-up space of the market price of welded steel pipe factory greatly increased after the Spring Festival.

  Before the Spring Festival, there were no replenishment purchases in the enterprises of the last welded steel pipe factory as in previous years, most of which were just enough for daily expenses. After the large-scale resumption of the terminal enterprises after the Spring Festival, with the release of rigid demand, there will be a small wave of purchasing peaks, therefore, the short-term rebound rhythm of steel price after the Spring Festival will inevitably exist; and the low social inventory, shortage of resources in the market of welded steel pipe mills, coupled with the acceleration of steel price pull rhythm caused by the concentrated release of short-term terminal demand, will also be a big probability event, when the market of welded steel pipe market price has gone up.

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