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Steel mills stepped up their efforts in the spiral pipe market

2020-01-02

Steel mills have strengthened their efforts in the spiral pipe market, so prices of major manufacturers have once again dropped; wire rods coiled snails are the main force going south. Helical pipe manufacturers are affected by the production control of various steel mills, prices are relatively strong. However, on Friday, the billet stopped falling rose, coupled with the current price is already at a low level, there is much room for further reductions in factory prices in the later period. Comprehensive consideration, factory prices are expected to remain flat next week.

Affected by the rising of the dominant market, stimulating the psychology of local exploration, the local market price has been at a low level for a long time. Weakness, the trend of snails billets fell back, the market price continued to rise insufficiently motivated. Some highs in the second half of the week have begun to callback. Considering the interests of traders, the price will be lowered in the later period.

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