Next week is expected to be the national seamless price or narrow shock operation
Seamless prices across the country rose slightly today. Raw materials, the price of tube billet in the whole country rose steadily. Nationwide mainstream seamless tube factory quotation stable operation; Today, the order situation of the tube factory is general, the billet inventory is basically stable, the production end basically maintains the medium-low level, the tube factory inventory continues to fluctuate at a high level, and some tube factories have obvious willingness to support prices.
Tomorrow's forecast
The futures market is closed today, the market sentiment is relatively stable, the mood is cautious, the trading atmosphere is warmer than before the holiday, but the downstream purchasing intention after the holiday is generally general. Seamless pipe merchants replenishment willingness is still not high, mainly replenishment on demand, seamless pipe merchants mostly to stable price shipment, social inventory to maintain relatively low. Overall, it is expected that the national seamless price next week or a narrow shock operation.
From:http://boilersteelpipe.com/news/industrynews/next-week-is-expected-to-be-the-national-seamless-price-or-narrow-shock-operation.html
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