Later along with the stainless steel seamless pipe market demand off-season deepens,the demand is expected to gradually fall back。
On the supply side, the raw coal coking coal auction price continues to weaken, coking cost slightly improves. Affected by the recent environmental inspection, some coke enterprises is forced to reduce production, the start has fallen. With expectation of coke production contraction, coke supply loose pattern is slightly improved. As for the demand matter, the arrival situation of recent stainless steel seamless pipe factory has not improved. The coke inventory in the factory is at a high level, coupled with the stainless steel seamless pipe factory’s maintenance and increase of production reduction, the rigid demand of coke is at a general level, thus maintain coke purchase at a rigid demand level. As for the port, port coke’s spot goods shock with weak operation, port market activity is general, traders hold a wait-and-see attitude. The coke market is expected to operate steadily temporarily in the short term.
From the supply side, stainless steel seamless pipe manufacturers’ production enthusiasm is not high. Most steel companies choose to maintain the existing production level, making decision on the basis of the stainless steel seamless pipe’s market dynamic state. As for the coming winter storage period, the market generally hold a cautious and optimistic attitude The market expectation is not strong, and most participants choose to wait and see. The resources of stainless steel seamless pipe market are still out of stock, some specifications can be only sold at a higher price. Short-term market prices are expected to be weak and stable.
Later, with the deepening of off-season of market demand for stainless steel seamless pipe, the maket demand is expected to gradually fall. The current overall inventory level is not high, and the stainless steel seamless pipe factories are under the pressure of declining profits, the production reduction of blast furnace is relatively limited. The production of molten iron is still high, which shows the confidence of market for future demand to some degree, making the concern of negative feedback improved. From the analysis of the demand pattern, export of stainless steel still shows a strong trend, the manufacturing industry also maintains the economic situation, the local debt strength has provided a strong support for infrastructure. However, the real estate industry is still weak, although the positive measures continue to release, the sustainability of sales recovery still needs to be closely focused. Combined with the above factors, it is expected that the short-term stainless steel seamless pipe market may maintain a weak and shock trend.
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