Cangzhou Junde Steel Pipe Co.,Ltd
Add: South of Qiantong Road, Cangzhou City, Hebei, China
Contact us:Sunny Yang
Commentary on the plate: Today, prices in some domestic plate markets have stabilized, and some regions have seen a slight increase. It is understood that this is related to the incompleteness of resource specifications by traders. Coupled with the proximity of the May Day holiday, the billing restrictions of the month also impose restrictions on shipping. Looking from the market outlook, although the factory stocks have increased, the overall social inventory is still in a downward trend, and some market incomplete specifications are still serious and support prices. In addition, the support from the cost side of the steel plant is still strong. However, it is worth noting that the current high price transaction is still not smooth, which may inhibit the price rebound. Based on the above short- and long-term factors, it is expected that the domestic plate market price will fluctuate at a high level in the short term.
Becasue the plate price increased. our LSAW Pipe price increased 30 CNY per Ton.
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