News summary

On May 23, the Lange seamless pipe market ushered in an early warning. The price of spiral screws fluctuated, and the factory and market prices of tube blank increased slightly in the early period. Linyi Steel Investment recently increased its price by 10 to 40 yuan. Strong demand has helped strengthen steel prices. Cost-side support has strengthened, and tube blank prices are expected to fluctuate strongly today. Black futures fell, seamless tube prices rose slightly, and spot trading atmosphere improved. Pipe factories have significantly increased prices, and seamless pipe prices have stabilized. Domestic seamless pipe prices are expected to remain stable today.

Newsletter text

[Lange seamless pipe prices are expected to run stronger, market sentiment preferences] Morning monitoring showed that due to increased support from raw material costs, Lange seamless pipe prices showed a strong trend of volatility. Linyi Steel Investment increased its price on the previous trading daybestcarcrashgamesThe price range of 10 to 40 yuan has been increased, showing a positive trend in downstream demand. In addition, rising raw material prices and cost-side support are positive for the tube blank market. Trading in the spot market is active and factory managers support prices, indicating that the market sentiment tends to be optimistic. Under the combined effect of the stability of supply and demand and rising raw material costs, the prospects for stable operation of the seamless pipe market are relatively optimistic. Although the black futures market showed a volatile trend, the price of seamless pipes still rose slightly, reflecting the market's resilience to prices and continued demand. Under the support of market fundamentals, domestic seamless pipe prices are expected to remain stable today.