The Price Of Welded Steel Tube in North China May Remain Stable Next Week

Prices for welded steel tube varied this week (10.10-10.14) in North China. As of October 14, 2022, the price of a 4-inch (3.75mm) welded steel tube in Beijing was 4,580 Yuan, which was the same as the price on the first day after the festival. Likewise, the price of a 4-inch (3.75mm) welded steel tube in Tangshan was the same as it was on the first day after the festival, according to monitoring data from Lange Steel Cloud Business Platform. In Tianjin, the price of a 4-inch (3.75mm) welded steel tube is 4260-4300 yuan, which is 20–40 yuan less than the first day after the festival. The price is 4270–4300 yuan, which is 40 yuan less than the first day after the festival, and in Tianjin, the cost of a 4-inch (3.75mm) welded steel tube is 4260-4300 yuan, 20–40 yuan less than on the first day after the festival. The cost of 4-inch (3.75mm) galvanized pipe in Beijing is 5250–5640 yuan, which is the same as the first day after the festival, and the cost is 5020–5080 yuan in Tangshan, which is more expensive than the first day after the festival. The price of 4-inch (3.75mm) galvanized pipe in Tianjin is 5060-5250 yuan, which is 30 yuan more than the first day after the festival. There is a daily increase of 10 yuan.

Raw materials

The ex-factory price of Tangshan Qian'an billet resource is 3,650 yuan as of October 14, 2022, which is 60 yuan less than that on the first day after the festival, according to monitoring data from Lange Steel Cloud Business Platform; Tangshan hot-rolled strip (2.5*355mm) mainstream steel mills The transaction price, which is 3910 yuan, is 60 yuan less than it was the day after the festival; this week, the raw material side is still declining. Recently, the downstream has not been as eager to purchase goods as it once was, which has made expensive transactions more difficult. Although the terminal demand has consistently been flat, price increases continue to influence the market. Doubt, take the merchandise, and watch and wait. The long-term market entering the fourth quarter is currently seen as generally negative by the market. Additionally, the domestic epidemic has spread to numerous areas, undermining market confidence and stifling overall demand, which worsens the market's cautious mood. Overall, it is anticipated that next week's price fluctuations on the strip steel market will be modest.

Welded steel tube

This week, a small range of prices for pipe factories that are ex-factory are subject to change. For instance, in Tangshan, the current ex-factory price of a 4-inch welded steel tube is approximately 4,120 yuan, and the ex-factory price of a 4-inch galvanized pipe is approximately 4,850 yuan, which is 20–30 yuan less than the price on the first day after the festival. Yuan's downward adjustment is less pronounced than that of strip steel. It is acknowledged that the management factory currently has a low inventory of finished goods and that the production rhythm is being actively managed. The factory's inventory has steadily decreased since the second half of this year. It has an impact on some specifications, resources are limited, and pipe factories' willingness to support prices is clear. According to the most recent data, as of October 13, mainstream pipe factories in North China had a total inventory of 622,300 tons, an increase of 34,600 tons from the day after the festival, primarily due to raw materials and galvanized goods, but also from the same time last year. Among them: the inventory of welded pipes was 131,900 tons, an increase of 8,000 tons over the same period last week; the stock of strip steel was 298,400 tons, an increase of 14,300 tons over the same period last week; an increase of 11,400 tons over the same period last month; and a decrease of 67,900 tons over the same period last year. The amount of galvanized pipes in stock was 192,000 tons, which is up 19,500 tons from the same time last week, down 10,000 tons from the same time last month, and down 56,700 tons from the same time last year. The average daily trading volume was 32,700 tons, up 0.600 tons from the previous week, 1.100 tons from the previous month, and 2,000 tons less than it was during the same time last year.