Market News: The prices of mainstream seamless pipe factories in China have slightly increased this week

This week, the factory prices of some seamless pipe factories in various regions of the country have slightly increased. As of this Friday, most seamless pipe factories have raised their factory prices by 30-130 yuan/ton, while a small number of seamless pipe factories have continued to maintain stable factory prices.

This week, raw material prices have slightly increased, with Shandong tube billet prices increasing by 70-80 yuan/ton and Jiangsu tube billet prices increasing by 50-70 yuan/ton. Driven by costs, various seamless pipe factories have raised their factory prices, while individual pipe factories have maintained stable prices for shipments. Under the influence of macro positive news combined with expected production restrictions, market confidence has been boosted, but there is currently no substantial increase in demand, and terminal procurement maintains a cautious wait-and-see attitude. This week, there has been an increase in maintenance at the management factory, and the inventory in the factory continues to decrease. The inventory pressure is slightly environmental. Overall, it is expected that the factory price of seamless pipes will remain stable next week.

Surely the price of Fengbao has increased by 50 yuan per ton this week too.