Steel pipe market condition

Lange STEEL Research Center, this 35th week Lange steel national absolute price index is 5711 yuan, up 0.30% from last week, up 39.72% from the same period last year. Among them, Lange steel long wood absolute price index is 5351 yuan, up 0.47% compared with last week, up 37.55% compared with the same period last year; Lange index of cold rolled steel pipe is 5679 yuan, up 0.58% compared with last week, up 44.91% compared with the same period last year; Lange iron and steel plate absolute price index was 5975 yuan, up 0.15% from last week, up 40.96% from the same period last year; Lange steel tubular goods absolute price index was 6211 yuan, up 0.08% from last week and 39.30% from the same period last year.

According to Lange steel cloud business platform monitoring data show that this year the domestic parts of the original fuel steel and steel products 17 class 43 specifications (varieties) of price changes are as follows: the main varieties of steel market price shock consolidation, compared with last week, rose varieties increased, flat varieties increased, fall varieties decreased significantly. Among them, 17 varieties rose, 14 more than last week; 16 were flat, up 12 from last week; Ten varieties fell, 26 fewer than last week. Domestic raw material market of hot rolled steel pipe shocks rose, iron ore prices rose 10–25-yuan, coke prices rose 240-yuan, scrap prices shock slightly, billet prices rose 70 yuan. The domestic steel market has been approaching the traditional “golden Nine” peak season, but the trend of downstream demand recovery is not obvious, the market transaction is good and bad, and because the profits of the early steel pipe supplier have recovered, also makes the production enthusiasm of steel mills has been enhanced, so as to promote the production of large and medium-sized steel enterprises in the middle of August to recover.

Since the beginning of the second half of the year, the downstream demand situation is not as expected, the real estate industry is suppressed by the policy but remains resilient, but the infrastructure industry is far from the expected, which shows that the “golden Nine” peak season market demand recovery of round steel pipe is still uncertain. But the Ministry of Finance recently said it would speed up budget spending and local government bond issuance in the second half of the year, giving a boost to the traditional peak demand season. In the short term, the domestic steel market will present a shock to build the bottom of the situation.