A review of the market pipe in Hefei(6.15-6.21)

According to the inventory data, the average price of 108*4.5 of the 21 major cities across the country on June 21 averaged 5007 yuan/ton, a slight decrease of 10 yuan/ton from the price of last Friday (June 15); the average price of 219*6 5307 yuan / ton, compared with last Friday (June 15) fell 5 yuan / ton.

On June 21, the average price of welded pipe Ф1.5”*3.25 in 15 major cities across the country was RMB 4246/t, which was RMB 21/t higher than that of last Friday (June 15th); the average price of F*4”*3.75 was RMB 4252/ Ton, up by RMB 19/t from last Friday (June 15).

Hefei market seamless pipe, welded pipe turnover was depressed, the price remained stable.

1. Seamless Pipeline At the time of press release, the price of seamless pipes in the Hefei area was stable and the turnover was low. Market Ф69 following one cold-drawing mainstream offer at 5,000 yuan / ton, Ф89-Ф159 hot-rolled offer at 4900-5000 yuan / ton, Ф159-Ф219 hot-rolled quotation 5,100 yuan / ton, Ф219 or more hot rolled due to less resources, complex process The price is high, quoted at 5300 yuan/ton, which is flat compared with last Friday.

Table 1: Price Change of Seamless Pipes in Hefei Market (Unit: RMB/ton)

Specifications 2012-6-15 2012-6-21 Rising and falling resource conditions Ф60 or less one time cold drawn tube 5000 5000 0 Less Ф89-Ф159 Hot rolled tube 4900-5000 4900-5000 0 Normal Ф159-Ф219 Hot rolled 5100 5100 0 Normal hot rolling 219 or more 5300 5300 0 Less Remarks: Data from the cost of the steel pipe department: raw material billet prices this week remained stable, the billet price of 50-120 oysters produced in Shandong Handan Steel was RMB 4030/t, and Lu Lizhen 50- The 140 billet price was 4030 yuan/ton, which was the same as last Friday. The 50-110 and 50-130 billets of Jiangsu Zhongtianxuan are quoted at 4,200 yuan/ton. Shandong and Jiangsu seamless pipe mills did not carry out price adjustments, and the smoothness of the upstream played a supporting role for the smooth price of seamless pipes in the Hefei market.

In the market, the market transactions that have the greatest impact on price factors are still poor. As a major downstream major pipe manufacturer, the manufacturing industry continued to slump. A large number of small and medium-sized manufacturing companies have reduced production or even stopped production due to poor sales. Large manufacturers have also reduced their production plans and the purchase of seamless pipes has also been reduced. The new construction site is still under-employed. Due to the lack of funds, the construction of transportation infrastructure such as railways has not been started. Real estate is affected by the state's regulatory policies, and the enthusiasm of developers for land development has been affected. The downstream demand is sluggish. Traders mainly purchase small batches of replenishment as their purchase. The large customers' stocks are basically maintained at around 20,000 tons. Traders are currently caught in the ambivalence of ups and downs. The current market price has already caused them to be in a situation of running at a loss, and the space for price cuts has been blocked; if the supply is sufficient and the prices are not good, the price increases will easily lose customers. The interaction of multiple factors resulted in the smooth price of seamless pipes in the Hefei market.

Second, the end of the welding pipe deadline to press this time, Hefei area Youfa 4 points -6 points offer 4450 yuan / ton, 1 inch -1.5 inch * quote 4300-4400 yuan / ton, 2 inch -4 inch, 5 inch - The 8-inch quotation is at 4,400 yuan/ton; the scaffolding quotation is at 4,050 yuan/ton, which is the same as last week.

Table 2: Price Change of Welded Pipe in Hefei Market (Unit: RMB/ton)

Specifications 2012-6-15 2012-6-21 Change in resources status 4 points -6 points 4450 4450 0 Normal 1 inch -1.5 inches 4300-4400 4300-4400 0 Normal 2 inches - 4 inches 4400 4400 0 Normal 5 inches - 8 Inch 4400 4400 0 Normal Remarks: Data from the Steel Pipe Department This week, raw material prices have increased. By the end of the 21st, Ruifeng strip retailer 145mm reported 3830 yuan / ton, 355mm reported 3850 yuan / ton. It rose 10 yuan/ton from last Friday. The forward strip 232-355mm factory is 3,910 yuan/ton, up 30 yuan/ton from the previous quarter, and the new Asia and new crown 235-460mm factory is 3,910 yuan/ton, up by 10 yuan/ton from the previous period. More than 465mm 3960 yuan / ton. Raw material prices seem to give rise to a reason for the cost-driven increase in welded pipe prices. Traders also want to follow prices of raw materials. However, due to the poor market conditions during this period, traders are afraid that prices will increase customers. Coupled with the small increase in the price of strip steel, traders have relatively small inventory consumption, but also in a wait-and-see situation, the price of welded pipe in the Hefei market temporarily remains immobile.

In order to reduce losses, the welded pipe traders in the Hefei market are prepared to change the previous practice of depleting their inventory to take orders as the mainstay and adopt a single strategy.

Third, the steel price adjustment 1, June 19, Tangshan City, Fengnan District, Chau Pipe Co., Ltd. on the price of straight seam welded pipe up 10 yuan / ton, the current 4 inch national standard factory price 4030 yuan / ton; the above price for the cash has pounds Tax price, execution date from June 19, 2012.

2. On June 19, the general price policy of Anshan Iron and Steel Corporation was generally reduced by RMB 100/ton, and now 219*6 does not include tax of RMB 4,450/ton, which has been published.

IV. Macro Information 1. The sales volume of passenger vehicles in China has increased by more than 15% year-on-year for two consecutive months. The narrow-minded passenger vehicles have increased by more than 15% year-on-year for two consecutive months. The market has improved markedly from the first quarter and the turning point has gradually been established during the year.

On the 20th and 20th, the World Steel Association (World Steel Association) announced the world's crude steel production in May, the data show that the global crude steel production in May increased by 0.7% year-on-year to 131 million tons. Among them, China's crude steel production in May was 61.2 million tons, an increase of 2.5% over the same period of last year.

3. Data released by HSBC on the 21st showed that the HSBC China Manufacturing Purchasing Manager Preview Index (PMI) fell to 48.1 in June, the lowest level in seven months.

In the near future, the supply of seamless pipes and welded pipe in the Hefei market was sufficient, and the inventory was maintained at a normal level. Traders had sufficient ideological preparations for the downturn, and if there were no major changes in the prices of raw materials, the Hefei market pipe would maintain a weak operation.