The production price of seamless steel pipes has indeed faced significant pressure recently, with many markets experiencing a general decline or weak stability. The following is a specific analysis:
The Cangzhou market experienced a general decline
On November 5th, the seamless pipe market in Cangzhou experienced a comprehensive decline, with major manufacturers such as Baoshun, Panjin, and Jinzhengyang lowering their quotations by 20-30 yuan/ton. The 108 × 4.5mm specification was reduced to 4080-4090 yuan/ton, and the 273 × 8mm specification was reduced to 4220 yuan/ton.
Shaking operation in East China region
In early November, the price of seamless pipes in East China remained stable, with a quoted price of 4295-4502 yuan/ton for 108 × 4.5mm pipes. However, the high support for the cost of pipe blanks (3200-3330 yuan/ton for 20 # hot-rolled pipe blanks) weakened, and the cost of raw materials such as coke and iron ore remained high, resulting in limited profits for pipe blank factories.
The national market is weakly stable
As of November 7th, the national average price of 20 # 108 × 4.5mm seamless pipes was 4062 yuan/ton, a decrease of 0.44% from the beginning of the week and a year-on-year decrease of 5.64%. The prices of billets in Shandong, Jiangsu and other regions have been slightly reduced by 20-30 yuan/ton, and the lack of downstream orders has weakened the enthusiasm for billet procurement.
