Additionally, in April 2023, the steel industry's prosperity returned to a contractionary zone, indicating a trend of weakened demand for manufacturing steel. Although support is ample, the construction progress of major projects is still constrained by the availability of funds. The pace and progress of infrastructure projects are slightly slower, thereby causing the release of steel demand for infrastructure to fall short of expectations.

Therefore, the short-term domestic steel market will present a pattern where "the foundation for economic recovery needs to be consolidated, downstream terminal demand is insufficient, supply is under pressure at high levels, and the risk of external economic recession remains." As for the May seamless tube market, the overall market is affected by multiple factors and is expected to show a trend primarily characterized by oscillating bottom-fishing, with intermittent rebounds.