Too Much Inventory Of Stainless Steel Sanitary Pipes To Be Cashed Out

Too much inventory of Stainless Steel Sanitary Pipe pipes to be cashed out

From the current trends of all aspects of sanitary welded pipes, it is difficult for the stainless steel strip market to perform well in February. Capital circulation is a major problem. There is no doubt that some stock merchants are eager to sell and cash out, which is also a factor leading to the market trend of Wenzhou stainless steel manufacturers. The pipe factory has meager profits and extremely limited room for downward adjustment. It is difficult to accept losses at the beginning of spring. This is the embarrassing situation in the stainless steel seamless pipe industry. The contradiction between supply and demand is a major challenge for the industry this year.

The price difference between sanitary welded pipes and sanitary seamless pipes is too large

The current orders for stainless steel billets have not been issued by stainless steel factories before the New Year. There are not many orders after the New Year. Pipe factories place more scattered orders, and stainless steel factories face new order pressure.

Today, the domestic stainless steel seamless pipe market continues to show stability, upstream billets remain high, and pipe factories will not reduce due to cost constraints. This stage is a bit embarrassing. The stainless steel seamless pipe market rose rapidly after the holiday, but there was no transaction, and then turned downward. The policy is in a vacuum period, and it will take some time for terminal demand to start. Therefore, traders are in a wait-and-see atmosphere, and it is difficult to increase the market price.

Stainless steel pipe factories are supported by hard core costs

According to the average purchase price of pipe billets before the New Year, the mainstream pipe factory is about 8,500 yuan. The current ex-factory price of medium-sized hot-rolled pipes in Wuxi pipe factories is 4,600 yuan, and most of the orders are before the New Year. Futures have risen for three consecutive days, but it is difficult to promote spot synchronization. In addition, the second round of central ecological and environmental protection inspections has been launched, and infrastructure approval has been strengthened. Under the premise that terminal demand has not yet started, the stainless steel seamless pipe market has become rational. However, this year's project launch will be earlier than last year, and will be launched in late February, with a concentrated start in March. In addition, today's ex-factory prices of steel mills in late February are mostly stable, and have not been reduced due to the market decline. It can be seen that the steel mills are still confident.