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Stainless steel pipes and profiles daily review
Source:Xinsteel Date:2020/5/25
Pipes: The pipe market quotations have been slightly lowered steadily. With the opening of Qingshan Raw Materials on Saturday, the quotations were slightly lowered. Seamless pipe manufacturers also adjusted some product quotations based on selling. The trading atmosphere is weak and the shipment is difficult. The welded pipe market is dominated by stable prices. Most mainstream manufacturers indicate that they are relatively full of orders and need to increase productivity to ensure supply. It is expected that the tube market in the later period may run relatively weakly with shock.
Profiles: The profile market as a whole is operating steadily. In terms of round steel, 304 of Qingshan on Saturday fell 250 yuan / ton. Currently, 304 is reported at 12,500 yuan / ton. Traders in the Wuxi market still hold a stable price, and the enquiries are more general. In terms of wire rod, Qingshan keep their price not change, Dainan manufacturers are mainly cautious to wait and see, the market is still deserted, and manufacturers are more willing to ship. Flat-angle channel steel is still stable, and the maintenance of shipping resistance will affect the market confidence again. It is expected that the profile market in the later period will run at a stable price.
