This Monday, the price of spiral-welded pipe from manufacturers remained steady at 5,600 yuan/ton, but due to the sharp decline in steel billets in the north, pipe manufacturers collectively reduced prices, leading to a generally pessimistic market sentiment. The psychology of bearish expectations for the future market is growing. Additionally, large manufacturers have shown no signs of reducing their inventory, considering the negligible role of agents. Under the pressure of demand and other factors, pipe manufacturers have no choice but to further lower their ex-factory prices. Moreover, the market is flooded with low-priced resources, competition is fierce, and there are even signs of dumping goods at low prices, which is bound to have a greater negative impact. For July, the various favorable policies from the government will shift to the stock market, and their stimulative effect on traditional industries is minimal. Therefore, it is not hard to see that the price trend for spiral-welded pipe manufacturers will continue to be pessimistic. Experts predict that the prices will continue to bottom out in the near term, with fluctuations of approximately 20-40 yuan/ton.
Operational Tips: The steel market's off-season has had a significant negative impact, with overall trading activity extremely slow. It is recommended that spiral-welded pipe manufacturers and traders adopt a light inventory approach. Large-scale traders have already reduced their inventory to less than a thousand tons. Small-scale traders should avoid purchasing goods and opt for direct factory shipment to mitigate risks.
