Problems facing the steel pipe market
July 6 is just around the corner. The trade war between China and the United States may be a real fight from the previous "bickering", and there will certainly be some cross-border tiger fighting in the international community. However, the damage caused by the dispute between the two countries is always the various industries, which is one of the main reasons for the recent capital market leaders.
China's steel pipe is greatly affected by this, which is the off-season of the domestic steel market in these months. If the trade war between China and the United States really starts now, the steel pipe market will be hit by ****** this year.
However, at present, whether the steel mill inventory or social inventory variables are still not large, the overall in the controllable and market supply and demand parties acceptable psychological range, so even if the futures dive, the spot market temporarily did not appear excessive reaction. At the same time, the theme of environmental protection continues to increase. Over the weekend, Tangshan will eliminate 1500 cubic meters below the blast furnace, 2025 steel enterprises reduced to 25! Steel mills raised prices and so on, and market confidence was systematically undermined.
