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Cangzhou Junde Steel Pipe Co.,Ltd

Add: South of Qiantong Road, Cangzhou City, Hebei, China

Contact us:Sunny Yang

Phone: 86-13303171370

Tel: 86-317-8517170

Fax: 86-317-5527266

E-mail: export@jundesteelpipe.com

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2018 04 23 Billet review

Apr 23, 2018

Billet review: The steel market in Tangshan improved after a weak spell last weekend, and some varieties rose on Sunday afternoon. Affected by the mainstream billet manufacturers this morning, prices have risen by 20. At the same time, the trend of futures is strong, and the rest of the quotations are higher. Billet spot reported to 3650-3660, a small amount of transactions, and straight hair resources performed smoothly. Downstream finished materials rose by 20-40 compared with the amount of pick-ups, which showed mixed performances after pick-up. The narrow belts were generally weaker and the profiles were relatively more available. After the difference between the spot price and the steel price is relatively large, and the prices of downstream varieties have risen, the prices of mainstream billet manufacturers have increased by 20 to 3,580 yuan/ton in the afternoon (a total of 40 in total). The billet price has been rising for two weeks, but the high demand is always in a weak state. Coupled with the wait-and-see attitude toward the current high level, the transaction is relatively cautious. However, considering that the current demand is in an increasing period and the inventory pressure is not high, comprehensive Look at the short-term billet market or continue to show the trend of rising volatility. In addition, Wing Steel repaired the Bar Plant No. 2 on April 24 and completed maintenance until April 30. It is estimated that the total thread production will affect 0.3 million tons/day.

Today, the common square billet price is 3580 CNY per Ton, Increased 40 CNY per Ton. Estimate will effect the seamless steel pipe price . today our seamless steel pipe no changed. 

Any inquiry or need price list, Please contact us , export@jundesteelpipe.com

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Contact information

South of Qiantong Road,Cangzhou City,Hebei,China

86-317-8517170

whatsapp: 86-13303171370

export@jundesteelpipe.com

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