ASTM A53 Seamless Steel Pipe Demand

According to a recent report by the website of steel tube network, there is a shortage of confidence in the market in the lower reaches of the market.Recently, the market has slowed down, the building materials have been weak, the market mentality has been more pessimistic and more wait-and-see, and the overall demand situation is still weak.With the end of the military parade and the shutdown of the construction site, demand is more pessimistic, the market or the continuation of the stress pattern.

Experts pointed out that the steel futures market is now volatile, the price of steel is narrow and the market confidence is weak.The lower end demand for the ASTM A53 Seamless Steel Pipe is still depressed, which determines whether the company will be able to make the return on the sale.But it remains to be seen whether demand will pick up in the coming September, when the traditional domestic steel consumption season begins.

In the first half of this year, the total output of the world’s 65 major steelmaking countries and regions totaled 9458 million tons, down 2.1 percent year on year.In the region, the top half of the region, excluding the European Union, the Middle East and Oceania, continued to grow outside the region, while the rest of the world declined.In the january-july period, crude steel production in Asia was 6.442 million tonnes, down 1.7% year-on-year.The 28-nation European Union produced 101.9 million tons of crude steel, up 0.4% from a year earlier.Crude steel production in North America was 6578m tonnes, down 6.7 per cent year on year.

Industry insiders point out that, at present, the steel futures market fluctuates downward, the steel billet price is narrow fluctuation, the market confidence overall is weak.The lower end demand for the spot steel is still depressed, which determines whether the company will be able to make the return on the sale.But it remains to be seen whether demand will pick up in the coming September, when the traditional domestic steel consumption season begins.

The main factors affecting the snails in the third quarter of the third quarter, according to the steel tube network experts, were two points: one was the fed’s rate increase.As soon as interest rates rise, the commodity markets, including steel, will undoubtedly usher in a new “green storm”.Second, domestic policy faces are limited.Environmental benefits have already been overdrawn, and there are two points of view on domestic policy in late August and September: down and infrastructure.The central bank’s reduction will not only help ease the financing and financing of steel companies, but also make significant positive for the major downstream of the steel industry.In the third quarter, there was no significant improvement in the pace of steady growth policies and the implementation of the policy, and the downward pressure on the domestic economy continued to rise.

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