specifications reduced

by fsccpterd on 2012-02-25 17:58:13

Although the overall market of seamless pipe is currently in a weak and stable trend, considering that since the festival, the transaction situation of seamless pipe in Beijing area is not ideal. Even after the Lantern Festival, the market has not seen obvious improvement. The market quotation began to show slight fluctuations today. According to the current market feedback, some merchants with more active transactions mainly have contracts with old customers before the Spring Festival and long-term procurement clients, while new orders are significantly insufficient. In addition, this week, Baotou Steel reduced the price of seamless pipes, with Ф168≦D≦Ф245 specifications down by 200 yuan/ton, Tianjin pipe with Ф273≦D≦Ф325 specifications down by 200 yuan/ton, and Ф351≦D≦Ф426 specifications down by 400 yuan/ton. Regarding the later trend, it is suggested that merchants do not need to worry too much about whether the price will continue to decline, because this adjustment is just a change in the form of quotation. Stainless steel composite pipe, the price of H-beam in Harbin market remains stable (February 23), H-beam price - China Steel Information Database. From the current trend, the mainstream trend of this week is still a weak consolidation and a process of seeking bottoming out, but at the same time, we cannot rule out the possibility that some merchants may make small adjustments to their own quotations.