Since this year, the demand for iron and steel has not increased as expected due to the price adjustment among the major steel enterprises. On the contrary, the lack of destocking and the increase of output value led to the continuous decline of steel sales price, which finally made the steel factory price and the market price difficult to "hang upside down". Many insiders pointed out that the current inventory of the entire steel industry is still very high, and the need for hard release will enable the entire profession to continue to roam in the "winter". The insiders pointed out that the downward trend of the price of Wuxi seamless steel pipe is directly related to the high steel inventory as usual, while the effect of destocking is not significant, which leads to the low peak season of the steel industry.
2022-10-24
The price of seamless steel pipe products may be limited
The recent sharp rise of spot steel prices in the domestic steel market is often driven by the market's more obvious expectation of rise, so this expectation will continue to rise after the year. Because infrastructure projects are gradually launched, demand will rise synchronously, and such an expectation will continue to revolve around the first quarter. Therefore, the steel prices in the whole quarter will maintain a relatively strong pattern.
2022-10-24
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