316L stainless steel thick wall pipe prices continue to fall


316l stainless steel thick-walled pipe prices continue to fall This week's production data shows that the recent production has increased significantly, including the national crude steel output in April was 2.21 million tons, an increase of 6.80%, an increase of 3.33%, the first half of May The daily output of crude steel in the country was 2.192 million tons, a year-on-year increase of 7.22%, and the chain continued to increase by 3.02%, both hitting record highs. In this context, combined with the recent decline in inventory levels, the actual demand should pick up. The statistics of the Bureau of Statistics in April also confirmed that the fixed assets investment in real estate in January-April increased by 21.1% year-on-year. Compared with 20.2% in January-March, the new construction area increased by 1.9% year-on-year, and the growth rate increased from -2.7% in January-March. In terms of infrastructure, the price of 1-4 months delivery, 316l stainless steel pipe warehousing and postal industry investment increased by 23.70% year-on-year, and the growth rate increased from 22.0% in January-March. Only fixed assets investment in water conservancy, environment and public facilities management industry It increased by 30.8% year-on-year, and the growth rate decreased from 36.5% in January-March. However, we can see from the range of changes in downstream growth rate that the recovery of traditional peak season demand is not very strong. Therefore, the continuous high output of the production system has improved the performance of the industry: 1. Since April, the Mysteel index has fallen by 4.19%, of which the cumulative decline in May was 2.25%, which directly reflects the continuous low price of steel prices in the supply and demand pattern; After continuing to rise, the stocks of key steel companies that fell significantly in late April rebounded. Both indicate that although the weak recovery can ensure that demand is maintained at a certain level, it cannot alleviate the accumulated supply that has accumulated for a long time, which in turn affects the profit improvement process of the entire industry.

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