At present, the transaction in the welded pipe market has turned into a flat period
Downstream users have prepared a proper amount of stocks. At present, the welded pipe market has turned into a dull period. Recently, merchants’ quotations have been more stable to wait for the downstream to take goods. The market has returned to a narrow range of consolidation channels. Judging from the recent market performance, the probability of a large volume of demand is small. The price reduction of key steel companies has weighed on market confidence. It is expected that the price of cold rolled coils will continue to fluctuate this week.
In addition, various steel companies have strengthened the construction of steel sales. According to the analysis of the steel distribution channels of the steel association member enterprises in 2013, the proportion of direct sales of steel enterprises increased, and the proportion of distribution decreased. Even the quantity of direct supply of steel is significantly higher than the increase in production output and domestic sales. This shows that steel companies hope to sell more production-increasing steel through direct supply channels and branches, rather than reducing production to alleviate the situation of China’s steel production overcapacity at the source. While increasing the firepower of welded pipes through direct supply to grab steel traders, it has also intensified market competition in some regions. The main reason is that the North China Steel Plant’s shipping resources are relatively concentrated, and the demand for pallet sales is acceptable, which has slightly eased the market pressure in the region. This year, Tianjin Property has strengthened its cooperation with Baotou Steel and has become Baotou Steel ’s largest agreement in the northern region, which has led to confusion in the current market pricing. Last week, Beijing’s cold rolled coil prices rose weakly. At present, only the seasonal quantitative demand is gradually picking up, which is also the main reason why transactions cannot continue to increase.
Recently, merchants said that the terminal ’s demand for cold rolled coils is relatively limited, the average daily shipment is less than 100 tons, and the market destocking process is slow. In addition, the recent special transportation line of Lanzhou West Railway Station has not been repaired, and the resources will pass through other railway lines. The cost will increase directly by 50 yuan / ton, so it will also have a certain impact on market transactions. Most of the merchants in the Xi’an market are reducing orders and stabilizing sales, and are reluctant to easily adjust the market price of welded pipes.
The traditional “golden nine silver ten” demand season of the steel market has ended; the rainy season in the southern region has come, and the rainy climate has seriously affected the construction of outdoor engineering projects. Fortunately, the demand in the northern region has been released; The shipbuilding and machinery industries have shown signs of recovery since two months, but the plate market has yet to see a clear demand release.