Hello everyone, today we're sharing that the market price of Baotou seamless steel tubes remained stable on the 27th. Among them, Panjin's 159*5mm cold-rolled tube is currently quoted at 5350 yuan, while Baogang's 273*8mm hot-rolled tube is quoted at 5300 yuan, down 50 yuan from the previous trading day.

According to information, recently, seamless tube manufacturers have reported that traders have been engaging in small restocking before the holiday, leading to a slight recovery in overall transactions. However, factory inventories are high, and the market is primarily stable before the holiday. Additionally, some tube factories have halted production for maintenance to alleviate inventory pressure. Although the shipment volume of seamless tubes in Baotou has slightly improved compared to the beginning of the week, there is a small restocking demand before the holiday. Nonetheless, traders are mainly focused on selling, with average restocking intentions, and are in a weak, wait-and-see attitude towards the market outlook. It is expected that the market price of seamless tubes in Baotou will remain stable but may weaken in the near future.