Where is the dynamic force of steel pipe price

In fact, since the second half of 2019, the correlation between air quality and policies has been significantly improved. In order to ensure that the air pollution level is controlled, environmental protection policies in this area have been continuously implemented. No obvious relaxation has been seen in terms of both release frequency and document content. The department of industry and information technology of shandong province and the department of ecological environment of shandong province jointly issued the notice on organizing the implementation of differentiated off-peak production of mild steel tube in autumn and winter in key industries of 2019-2020 on October 25, 2019, and the principle of the implementation time of off-peak production is November 15, 2019 solstice, March 15, 2020.

According to the air quality improvement target and heavy pollution weather forecast during heating period, each city can formulate the regulation plan of off-peak production in combination with the actual organization, so as to clarify the industries and enterprises of off-peak production as well as the specific measures of regulation, period and duration. During the emergency response period, steel pipe suppliers and projects included in the “positive list” of ecological and environmental supervision shall fully ensure normal production, and shall not limit production, stop production, inspect or disturb pollution prevention and control facilities, so as to encourage enterprises to reduce emissions on their own.

In November the supply end of the theory is not too big change, although this year’s overall rebar production is higher than the same period, from this year the overall air quality and the performance of the blast furnace capacity and capacity utilization, is expected to be loosen. From the content of the air pollution control plan for November proposed by tangshan, there is little difference between October and November. The main risk of the supply-side policy of rectangular hollow section in November lies in the difference between the implementation of the heating season production limit and the expectation. Moreover, the contraction of the supply side during National Day in October this year was significantly greater than in previous years, and the recovery process will be correspondingly prolonged while the production restriction policy remains in place and steel mills’ profits remain low, making it difficult for supply to surge. From the point of steel structure, in November, supply-side environmental effect of their production of cold rolled square steel tube is limited. The risk lies in the seasonal weakening pressure of demand from November to December brought by the cold weather and northern heating period.