National pipe prices continue to decline
2023-03-30 09:10:55
The recent weakening of welded pipe prices, coupled with the holding of the North China Steel Strip Conference, has not benefited the welded pipe market. Judging from the recent market performance, the national welded pipe market has gradually fallen into a passive wait-and-see situation. In addition, the continuous decline in strip prices has also dragged down the price of welded pipes. According to the “Steel Pipeline Network†monitoring, the price of 4-inch welded pipe today fell by 37 yuan/ton from the previous trading day to 3,786 yuan/ton. Among them, the Hangzhou and Shenyang markets fell 100 yuan/ton, followed by Lanzhou and Wuhan markets.
Specifically, although at present, Shenyang manufacturers mostly clean up the high-cost inventory resources in the early period, the subjective price reduction will not be strong. At present, the purchase volume of Shenyang welded pipes continues to be low. Even if the merchants choose price promotions, it is difficult to boost sales. However, as the price of raw materials keeps declining, the cost of production lines for welded pipes is declining. There is room for downsizing in the prices of welded pipes in Shenyang market. Businesses may gradually adjust their sales policies, and the possibility of falling prices may persist in the short term.
In early morning, the price of welded pipe in Lanzhou continued to decline, creating a new low in local prices. However, sales did not recover, and it was very difficult for merchants to ship. The market believes that the main reason is the accelerated decline in the price of foreign minerals, which has led to a marked increase in the decline in the prices of steel strips and billets in Tangshan. The market price of welded pipes has lost the support of upstream raw material prices. This is undoubtedly worse in the face of sluggish market demand.
In addition, there has been an endless stream of real estate news recently. Data shows that as of the end of July, Shandong Province has completed a total investment of 25.74 billion yuan in the construction of affordable housing, 233,300 sets of start-ups, and a 79.1% operating rate. Together with previous year's carry-over projects, 52,900 sets were completed, and the completion rate was 44.9%; new low-rent housing leases have been added. The number of subsidy households was 7,104, and the completion rate was 71%.
In the first seven months of this year, the overall real estate market in Shanghai was in a cooling channel. Among them, the newly-started commercial housing area was 15,698,200 square meters, which was a year-on-year decrease of 19.3%. The area of ​​newly-built commercial housing sold was 9,539,800 square meters, which was a year-on-year decrease of 7.8%.
Analysts believe that the real estate market is unsatisfactory, resulting in no significant improvement in the downstream demand of the welded pipe market, while the upstream prices have continued to fall, coupled with continued downward adjustment of steel factory prices, welding pipe market price down space is still surviving, it is expected that the future price of welded pipe will Keep innovation low.
Specifically, although at present, Shenyang manufacturers mostly clean up the high-cost inventory resources in the early period, the subjective price reduction will not be strong. At present, the purchase volume of Shenyang welded pipes continues to be low. Even if the merchants choose price promotions, it is difficult to boost sales. However, as the price of raw materials keeps declining, the cost of production lines for welded pipes is declining. There is room for downsizing in the prices of welded pipes in Shenyang market. Businesses may gradually adjust their sales policies, and the possibility of falling prices may persist in the short term.
In early morning, the price of welded pipe in Lanzhou continued to decline, creating a new low in local prices. However, sales did not recover, and it was very difficult for merchants to ship. The market believes that the main reason is the accelerated decline in the price of foreign minerals, which has led to a marked increase in the decline in the prices of steel strips and billets in Tangshan. The market price of welded pipes has lost the support of upstream raw material prices. This is undoubtedly worse in the face of sluggish market demand.
In addition, there has been an endless stream of real estate news recently. Data shows that as of the end of July, Shandong Province has completed a total investment of 25.74 billion yuan in the construction of affordable housing, 233,300 sets of start-ups, and a 79.1% operating rate. Together with previous year's carry-over projects, 52,900 sets were completed, and the completion rate was 44.9%; new low-rent housing leases have been added. The number of subsidy households was 7,104, and the completion rate was 71%.
In the first seven months of this year, the overall real estate market in Shanghai was in a cooling channel. Among them, the newly-started commercial housing area was 15,698,200 square meters, which was a year-on-year decrease of 19.3%. The area of ​​newly-built commercial housing sold was 9,539,800 square meters, which was a year-on-year decrease of 7.8%.
Analysts believe that the real estate market is unsatisfactory, resulting in no significant improvement in the downstream demand of the welded pipe market, while the upstream prices have continued to fall, coupled with continued downward adjustment of steel factory prices, welding pipe market price down space is still surviving, it is expected that the future price of welded pipe will Keep innovation low.
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