The chances for steel pipe market

Up to January 3, 2020, the Lange steel composite price index reached 146.4 points, 0.23% higher than the same period last week, and 2.31% lower than the same period last month.The Lange steel index of round steel pipe reached 155.1 points, up 0.7% from the same period last week and down 6.24% from the same period last month. The Lange steel panel price index reached 137.4 points, down 0.03% from the same period last week and up 1.24% from the same period last month.

Construction steel
Specific spot prices of steel pipe suppliers, Lange steel cloud platform monitoring data show that as of January 3, 10 major domestic cities Φ 25 mm tertiary rebar for an average of 3800 yuan, higher than the weekend 22 yuan, 278 yuan lower than the same period last month. As of January 3, 10 major domestic cities, HPB300 Φ 6.5 mm line for an average of $4031, higher than the weekend 36 yuan, 269 yuan lower than the same period last month. Monitoring data from Lange steel cloud business platform showed that as of January 3, the construction steel stock like square steel pipe in 29 key cities in China had reached 3.8903 million tons, up 489,500 tons or 14.39 percent over the weekend, 25.81 percent higher than the same period last month and 4.16 percent higher than the same period last year.

plank
Hot rolled coil prices, Lange steel cloud business platform monitoring data show that as of January 3, the average price of 5.5 mm hot rolled coil in 10 key cities in China is 3838 yuan, up 3 yuan over the weekend, up 55 yuan over the same period last month. In terms of inventory, as of January 3, the total stock of hot rolled sheet coil in 29 key cities in China reached 1.5446 million tons, an increase of 42,300 tons over the weekend, an increase of 2.81%, 7.66% lower than the same period last month, and 5.76% lower than the same period last year. As for the structural steel pipe, as of January 3, the average price of 1.0mm cold rolled coil in 10 key cities in China was 4,386 yuan, 2 yuan higher than last weekend and 50 yuan higher than the same period last month. In terms of inventory, as of January 3, the inventory of cold-rolled sheet coil in 24 key cities in China reached 995,300 tons, an increase of 18,000 tons over the weekend, an increase of 1.84%, 0.93% over the same period last month, and 15.21% higher than the same period last year.