The month started unfavorably, and the stainless steel seamless pipe is still running at a downward

Mondo Digital Updated on 2024-01-28

1. Introduction to the seamless pipe market

Recently, stainless steel pipes are running weakly and stably. **In terms of Wenzhou and Wuxi regional seamless pipes: TP304 108*4 Wenzhou Liyuan 16,200 yuan tons; Zhejiang Zhongwu 20,700 yuan ton; Zhejiang Zhengye 16100 yuan ton; Shandong Zhe'an 16,000 yuan ton; TP316L 108*4 Wenzhou Liyuan 26100 yuan ton; Zhejiang new square circle 25900 yuan ton; Zhejiang Changfeng 31,900 yuan ton. Recently, stainless steel pipes have remained stable more, and the price negotiation situation in the market occupies a large position, but the profit margin is limited, and some mainstream pipe factories have not given business expectations, and the difficulty of the transaction has increased, but considering that the raw material end has a slight drop in price of 300, the probability of the pipe factory following the downward adjustment is high.

Second, the recent situation of round steel

At present, the market price of Qingshan is 304 65-130**13000 yuan ton, 316L 65-130**22300 yuan ton, 304 resources have fallen by 250 yuan tons in the first half of the year, and 316L resources have fallen by 500 yuan tons. The mainstream transaction price of the market is basically the same as the disk price, and the main transaction price is stable during the day, and the current transaction price of the spot has not fluctuated significantly. **Business feedback Tsingshan by February**margin**, the order situation is more general, although the spot price difference is large, but the actual orders are still few, and the downstream interest in picking up goods is not high.

Third, the recent situation of ferro-molybdenum

The molybdenum market continued to decline, the iron mills declined slightly, the steel mills slowed down at the beginning of the month, and the market mentality of Tsingshan was significantly different after pricing, and most of them still held a pessimistic mentality, with few bulk inquiries and fewer transactions; Yesterday, 45%-50% molybdenum concentrate bargaining focus around 2940-2950 yuan tonnage, the psychological price difference between buyers and sellers is larger, and bulk transactions are still deserted.

Fourth, stainless steel seamless pipe ordering

It is understood that at present, the mainstream pipe factories of stainless steel seamless pipes will receive orders around March and early April next year, and the overall order situation is not very pessimistic.

5. Summary

On the raw material side, yesterday's domestic ex-factory price of Mysteel high nickel iron was lowered by 15 yuan to 935-940 yuan nickel; The domestic ex-factory price was lowered by 5 yuan to 950-955 yuan for nickel; Indonesia's high-nickel iron bilge tax ** was lowered by 5 yuan to 940-950 yuan for nickel, and the FOB price of Indonesian nickel iron was reduced by $1 to $114 for nickel. Affected by objective factors and weather, the temperature difference between the north and the south is large, the terminal start time in the north is unstable, the recent demand in the field of stainless steel blast furnace tubes has improved, and the steel mills still have winter storage and replenishment needs. Stainless steel seamless pipe business operation sentiment is sluggish, the market trading weakened, **from the end of November there is a small **, the cycle is about 1-3 days, and then it enters the adjustment stage, has been carried out for 8 days, and currently remains in a stable state.

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