TP304 stainless steel seamless pipe factory stocks continue to decline

The most eye-catching thing in the near future is the TP304 stainless steel seamless pipe price hike. Under the traditional demand low season, the price is uncharacteristically ushered in a rising tide. In the end customer hesitation, the price of TP304 stainless steel seamless pipe with the summer temperature The higher the higher.

The price of TP304 stainless steel seamless pipe continues to rise. What is the reason behind it? Where will the price of the market go? Please follow the author's view from the following aspects:

First, the cost end is strong and support

Stimulated by the news of Tangshan's environmental protection and limited production, the billet straightening smoothly, constantly stimulating the willingness of steel mills to explore, and the price of raw materials continued to rise. Although billet inventory continued to increase slightly, traders expected good outlook for the market, and some of them had strong reluctance to sell. The raw material market was strong in cost support, and business confidence was strong. The market price of TP304 stainless steel seamless pipe continued to strengthen.

Second, the factory stocks continue to decline

Since the beginning of this month, the news of environmental protection and limited production in Tangshan, Wu'an and other places has continued. Since July 20, Tangshan City has started a 43-day emission reduction and production limit. The output of Wu'an Steel Enterprise's blast furnace is also 15% to 20% in the second quarter. % rose to 25% to 35% in the third quarter. Under the influence of this environmental protection and limited production, the factory stocks continued to decline, which undoubtedly injected a strong agent into the business, and also became an important support for the high market price of TP304 stainless steel seamless pipe.

Third, the macro side promotes price upwards

The recent release of the central government to expand domestic demand, local debt will usher in the peak of the second half of the year, the growth rate of infrastructure investment is expected to rebound, and the stable monetary policy is moderate, and so on, so that the TP304 stainless steel seamless pipe market is expected to be good for the second half of the year; In the second half of the year, infrastructure investment will continue to be stable, and the order volume of ships will grow moderately. It will also drive the release of TP304 stainless steel seamless pipes in the second half of the year, and prices will continue to rise.

Overall, the current TP304 stainless steel seamless pipe inventory is in a downward trend, the steel mills have a small amount of goods, the supply side is tight, and at the same time, under the macroscopic influence, the steel mills have a strong price mentality, but the demand release in the off-season is ultimately limited. At the same time, the price is rising and the terminal is more cautious and wait-and-see attitude. The overall transaction is difficult to increase significantly. Therefore, comprehensive consideration will continue to increase the market price next month, but the overall range is limited. It is recommended that businesses avoid risks.