In March, the prices was slightly weaker in ms pipe and fire sprinkler pipe for China market, many many industries were cautious about it. In April, the construction industry started in full swing, with more and more pipe demand. Erw steel pipe and galvanized tube prices are getting higher.At present,
The stock of steel pipe in factories is few.coupled with gradual decline in welded pipe social stocks, which favors the price trend of welded pipes and galvanized pipes. In addition, with respect to strip steel, the production of mainstream strip mills in Tangshan is basically normal, and the social inventory of strip steel continues to decline, supporting the strength of the tubing. Based on the above analysis, it is expected that the price of domestic welded pipe and galvanized pipe will continue to fluctuate and run stronger this week (2018.4.23-2018.4.27), and the market may continue to improve in May.
Liu Zhenjiang, party secretary and secretary-general of the China Iron and Steel Association, said in Beijing on the 27th that the United States has taken protectionist measures to seriously undermine the rules of the World Trade Organization. We will resolutely meet the challenge of trade protectionism and safeguard the interests of China’s steel industry. Data show that in the first quarter of this year, China’s steel exports fell significantly. China exported 15.15 million tons of steel, down 26.4m from the same period last year. Liu Zhenjiang said that the monthly export volume of about 5 million tons, basically back to the 2013 export level. The sharp drop in steel section exports is bound to return to the domestic market, forming pressure on the domestic market. Liu Zhenjiang said U.S. protectionist measures have seriously damaged the rules of the World Trade Organization and escalated trade friction between China and the United States, making the environment for China’s steel exports more complex and adding to the uncertainty of steel exports this year. On March 8, US President Donald Trump signed an order that imports steel and aluminium products were a threat to US national security and decided to impose a full tax on imported steel and aluminium products. Tax rates are 25% and 10% respectively, excluding Canadian and Mexican products for the time being. Liu Zhenjiang said the Chinese steel industry firmly supports all necessary measures taken by the Chinese government to tackle the trade protectionism challenge. The China Iron and Steel Association will promptly assess the impact of U.S. trade protection measures on China’s steel industry and propose counter-measures to relevant authorities if necessary.
The iron and steel industry has made a good start this year, and its operation in the first quarter is basically stable. At present, it is necessary for the whole industry to work together to solve and deal with the problems faced in the operation, and to promote the realization of the continued smooth operation in the second quarter. Therefore, the following issues need to attract the attention of the whole industry. First, crude steel output growth too fast this year to bring greater pressure on the market. In recent years, the member iron and steel enterprise strengthens the self-discipline to obtain the certain effect, the superiority enterprise exerts the market main body function to accumulate some experience. But this year, non-member steel production has increased substantially, forming a greater downward pressure on the market. Second, the profit-driven expansion of capacity, illegal or rush to the furnace, as well as “strip steel” in an attempt to revive, the problem of overcapacity has not been completely resolved. Third, the United States has taken protectionist measures to seriously undermine the rules of the World Trade Organization, resulting in an escalation of Sino-US trade frictions, making the environment for China’s steel exports more complicated this year and increasing the uncertainty of steel exports. Fourth, the environmental protection measures in some areas have the phenomenon of “one-size-fits-all” law enforcement, which has an impact on the normal production and operation of enterprises. At the same time, frequent production restriction and production reduction notice to the enterprise production organization brought great difficulties.