Profit outlook of steel pipe enterprises

Steel social inventory has been rising for 11 weeks under huge market pressure
Since the end of December last year, the steel social inventory has risen for 11 consecutive weeks, hitting a record high for two consecutive weeks. According to the monitoring data of Lange steel cloud business platform, as of March 6, 2020, the social inventory of 29 key cities of Lange steel network was 22.611 million tons, a year-on-year increase of 38.7%. Among them, the social inventory of building materials was 16.011 million tons, a year-on-year growth of 39.4%, which affect the demands of green house garden.

The social inventory of the board was 6.60.0 million tons, a year-on-year increase of 36.8%. Recently, the steel social inventory growth rate has slowed down, in late march may be able to achieve a peak, but now we need to be aware of the statistical scope of the inventory accumulation, which is a huge pressure on the market supply. The market demand of aluminum curtain wall system will continue to recover after the resumption of work in various industries
At present, the rate of resumption of work in all walks of life has been effectively improved. From the point of view of manufacturing industry, except Hubei province, the operating rate of industrial enterprises above a certain scale in the country’s major industrial provinces exceeds 95%. In terms of transportation infrastructure construction, the construction rate of railway projects under construction has reached 77.8 percent, that of highway and waterway projects with a total investment of more than 1 billion yuan has reached 68.2 percent, and that of civil aviation airport projects has reached 59.3 percent. In terms of construction and municipal infrastructure, a total of 192,500 housing construction projects and municipal infrastructure projects are under construction nationwide, of which 119,900 have resumed work, a rate of 58.15%. This is beneficial to the development of single span greenhouse. From the current flow of the return to work, mainly in the Yangtze river delta and the pearl river delta.
But at the moment, the downstream demand recovery is still not stable, in the process of expected changes to the economic environment and there will be a larger fluctuation, March 12, Beijing building materials market, trading volume of 7000 tons, 2000 tons a day fell from the previous, nationwide volume also appears certain callback, subsequent need to be further observed market demand situation is a reflection of the changes. It is expected that the domestic steel market of solar greenhouse in March will show a trend of finding the bottom of the shock, during which there may be a staged rebound.