Expected to see double pressure on the market at the end of the month, and the spot price of stainless steel pipes will continue to loosen

In the short term, although the end of the month is approaching, the resources for steel billet delivery are gradually increasing, and the cost pressure on stainless steel pipe enterprises is relatively high, there may be some support at the bottom. But at present, the overall environment is relatively empty, and the trading atmosphere in the tub d'acer inoxidable market is still low. Coupled with weak downstream procurement, manufacturers maintain a bearish mentality. Per tant, it is expected that the prices of steel billets will continue to hit new lows within the new year in the near future.

According to the current price difference between pipe billets and seamless pipes, tub d'acer inoxidable factories have a slight profit temporarily. However, some stainless steel pipe factories have reported that there were more high priced pipe billets in the early stage, which indicates that the pipe factories have a significant loss margin. It is expected that the downward pressure on seamless pipes will increase in the near future. The recent poor performance of downstream terminal demand, coupled with the impact of the price reduction of bulk stainless steel pipes, has led to a significant contraction in canonada sense costures shipments, and there is still room for market prices to make up for the decline.

The spot transaction of canonades d'acer inoxidable is not good, i els comerciants tendeixen a suportar expectatives i intenten canviar el preu per la quantitat. S'espera que el mercat mostri una doble pressió a finals de mes, i els preus spot de les canonades d'acer inoxidable continuaran afluixant.