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Blog Details
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The weak demand side is difficult to adjust. It is expected that the price of stainless steel welded pipes will be weak.

The weak demand side is difficult to adjust. It is expected that the price of stainless steel welded pipes will be weak.

2024-08-02

In the stainless steel welded pipe market, the terminal demand is insufficient, the overall operating rate of downstream steel enterprises is low, and the purchase of billets is mostly maintained in an appropriate amount. Today's direct billet transaction performance is weak. Futures prices remain green and downward, traders are pessimistic, and trading is poor. Stainless steel welded pipe factories are still cautious, and the coke market is expected to remain stable in the short term. In terms of downstream finished products, mainstream prices have been lowered, and overall transaction performance is weak. Under the influence of the off-season effect, the stainless steel welded pipe market is in a downturn as a whole. At present, the demand for billets is sluggish, social inventories are still high, and manufacturers are under great pressure to destock. The overall trading in the stainless steel welded pipe market is quiet. It is expected that the price of Tangshan billets will stabilize tomorrow.

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Blog Details
Created with Pixso. Home Created with Pixso. Blog Created with Pixso.

The weak demand side is difficult to adjust. It is expected that the price of stainless steel welded pipes will be weak.

The weak demand side is difficult to adjust. It is expected that the price of stainless steel welded pipes will be weak.

2024-08-02

In the stainless steel welded pipe market, the terminal demand is insufficient, the overall operating rate of downstream steel enterprises is low, and the purchase of billets is mostly maintained in an appropriate amount. Today's direct billet transaction performance is weak. Futures prices remain green and downward, traders are pessimistic, and trading is poor. Stainless steel welded pipe factories are still cautious, and the coke market is expected to remain stable in the short term. In terms of downstream finished products, mainstream prices have been lowered, and overall transaction performance is weak. Under the influence of the off-season effect, the stainless steel welded pipe market is in a downturn as a whole. At present, the demand for billets is sluggish, social inventories are still high, and manufacturers are under great pressure to destock. The overall trading in the stainless steel welded pipe market is quiet. It is expected that the price of Tangshan billets will stabilize tomorrow.