China Hongcheng Pipe Industry Co., Ltd.

Steel pipe market,the downstream industry has been gearing up for large-scale preparation

Author：CHINA HONGCHENG PIPE INDUSTRY CO., LTD. Click： Time：2021-04-01 09:29:49

With the implementation of more micro-stimulus measures, the real economic rebound trend has been obvious; with the support of the country's micro-stimulus policies and measures to support the landing, and into the July "Meiyu"Weak gradually, fine weather increased, Steel pipe market, the downstream industry has been gearing up for large-scale preparation.In addition, the nickel-iron-nickel ore and other raw materials market has also dropped to a low stage, the cost of the bottom of the shock, continue to fall will not be too deep.

6mid to late by the rainy weather, the terminal purchase all the way down. But the off-season under the steel mills have adverse economic performance, high-yield has become the norm. Then experienced a strong demand for the weak in June, usher in the hot July, the steel market can change it! Here's a simple analysis: From a macro perspective, China's June official manufacturing PMI rose to 51.0(51.0%) for the fourth consecutive month;51.0, the previous value of 50.8. Indicating that the manufacturing sector continued a good momentum of steady growth. The new orders, production, import and export orders are expected to pick up significantly. The production index was 53.0%, up by 0.2 percentage points over the previous month, rising for 2 consecutive months; the new export orders index was 50.3%, up 1.0 percentage points from the previous month, largely alleviating the domestic demand caused by fatigue Of the supply pressure. From the steel point of view, by their own profitability and other factors, in mid-June the key enterprises of crude steel output of 1,836,700 tons, an increase of 04,100tons, an increase of 0.22% late in the middle of June; statistical key steel enterprises At the end of the end of the stock of 15.113million tons, compared with the end of an increase of 583,100 tons, the chain rose 4.01%. If the steel mills this month, there is no greater efforts to limit production, crude steel continuous rebound in steel prices will cause resistance to rebound. From the inventory point of view, according to the latest data show that as of last weekend, the national total steel inventories 13.4357million tons, Wo decrease of 120,400 tons, down 1.3226 million tons from the previous month. Of which rebar 6,053,900 tons; wire 140.63 million tons; hot rolling 3,178,800 tons; plate 1,334,800 tons; cold rolled 1,482,900 tons. Steel social stock for 17weeks, and more than the inventory specification has been incomplete, low inventory of steel support or began to show.