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The price of precision seamless steel pipe is still fluctuating in the second quarter, with downward pressure in the second half of the year.

Author: Liaocheng precision steel pipe factory http://galinabelyaeva.com Date: 09:14, April 18, 2019
    In the first quarter Precision seamless steel pipe They continued to rise in April after prices rose nearly 10%. According to the spring report of precision seamless steel pipe consulting research center, the price of precision seamless steel pipe will continue to fluctuate mainly in the second quarter, but will face downward pressure in the second half of the year.
 
    On the demand side, consumption is expected to increase slightly by 3.5% to 900 million tons in 2019, but the main downstream industries are up and down. Real estate investment will continue to grow rapidly in the short term, and infrastructure investment growth will also tend to be stable. However, the shipbuilding industry and the automobile industry are not strong enough, while the household appliances and machinery industry are basically stable.
 
    However, it is worth noting that in the second half of the year, with the gradual development of new precision seamless steel pipe production capacity, domestic supply pressure will increase. The 13th five-year target for the production capacity of precision seamless steel pipe has been completed ahead of schedule   the dividend of structural reform on the supply side is weakened   the marginal effect of environmental marginal production is weakened, which may lead to the increase of steel price in the second half of the year.
 
   “ In 2019, the production of precision seamless steel pipe will continue to increase, and the domestic demand for precision seamless steel pipe will continue to grow steadily. The balance of supply and demand throughout the year depends on the release of capacity and exports“ It is expected that the price of domestic precision seamless steel pipe will return to the average annual price in the second quarter. Above this level, the annual high price area is expected to appear in the third quarter, but the average annual market price is lower than that in 2018.
 
    According to the survey data, in fact, the per capita consumption level of China's precision seamless steel pipe is currently in the forefront of the world, but the production capacity meeting the requirements of environmental protection and other policies is still growing“ If the relocation and replacement of production capacity are not strictly controlled in the later stage, a new round of high-end overcapacity will appear in China's precision seamless steel pipe industry Wu said.

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Shandong Liaocheng precision steel pipe factory
Contact person: Director Wang
Mobile phone: 13963013099 18963561655
Email: 13963013099@163.com
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Address: JIANGGUANTUN Industrial Park, Liaocheng City, Shandong Province

Contact person: factory director Wang mobile phone: 13963013099 18963561655
Email: 13963013099@163.com Address: JIANGGUANTUN Industrial Park, Liaocheng City, Shandong Province
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