Following the downstream users' procurement after the phase, this week merchants showed a general lack of restocking enthusiasm. The market inventory remained relatively stable compared to last week, with some large-scale warehouses experiencing a decrease. Merchants' delivery pressure is manageable. As raw material prices fall, traders' sentiments have worsened. Although quotations have dropped, overall shipment remains poor, with a possibility of continued weak stability in the later period. Currently, major steel mills are lowering their price policies, making the cost of later market arrivals relatively lower. Short-term sales pressure on merchants is minimal, but there is significant market vigilance in the later period, and orders are still relatively cautious. In recent days, the difficulty in purchasing raw materials has increased, forcing private steel mills to raise prices, which provides significant cost support for steel mills. In the short term, prices are unlikely to see a significant drop. Whether the market price can remain firm in the future depends on the current demand and improvement in the capital situation.
Spiral Welded Pipe Factory
