Post-holiday pipe prices stabilize steadily

Today, the mainstream of steel pipe market prices is stable, and there is little change in the market price. During the holiday season, billet prices in the raw material market continue to fall back, the cost support weakens, and market confidence is insufficient. However, after the holiday, the merchants entering the market are not Many, and hold a strong official website mood; taking into account the current market demand is still in the trough, while the supply has increased, the market is still not optimistic, is expected to stabilize the steel market prices tomorrow, weak consolidation.

The average price of 108*4.5 seamless pipes in major national cities was 3395 yuan/ton, which was stable compared to yesterday; the highest quoted price was Guangzhou market, and the current seamless price of 108*4.5 was 3,850 yuan/ton, the lowest quotation was Tianjin market. The seamless price of 108*4.5 is 3,200 yuan/ton. The average price of 1.5-inch*3.25 welded pipe in national key cities was 2,981 yuan per ton, which was a drop of 3 from the previous trading day; among them, Hangzhou and other markets fell by 30 yuan per ton, and the highest quotation was Chengdu market, which is now 1.5-inch*3.25. The welded pipe price is 3,300 yuan/ton; the lowest is Tangshan market, and the current 1.5-inch*3.25 welded pipe price is 2,660 yuan/ton.

Tangshan market today rose 20 yuan / ton, is now common carbon 150 billet 2140 yuan / ton, 165 rectangular billet 2170 yuan / ton, 20MnSi billet 2260 yuan / ton tax ex-factory. The hot-rolled tube billet market was weak and the main market operation diverged. Traders in the Jiangsu region were born with a small amount of agreement and the prices were rising at the bottom; the transactions in the Shandong area were overall unsatisfactory and the prices continued to fall. Shandong Luli is now 2560~2570 Yuan/ Tons, the special well steel at 2,550 yuan / ton, Linyi Jiangxin 2570 yuan / ton, Handan Iron and Steel 2680 yuan / ton, Tianjin Tiangang 2,700 yuan / ton.

After the surge in China's steel exports last year, the "hidden rules" of boron-containing steels were once widely controversial. On December 31, the Ministry of Finance and the State Administration of Taxation issued a notice deciding to formally cancel the export tax rebate for boron-containing steel from January 1, 2015. Industry insiders pointed out that although the market has long expected the policy, the cancellation of tax rebates for boron-containing steel exports will cause a certain negative impact on the entire steel industry in the short term.

According to the China Index Research Institute, according to the full-sample survey data of 100 new cities in China’s real estate index system, Baicheng Price Index, in December 2014, the average price of residential buildings in 100 cities (new construction) was 10,542 yuan per square meter. It fell by 0.44%, which was the eighth consecutive month of decline, with a drop of 0.06 percentage points.

We will improve the mechanism for the formation of coal resource prices, increase the proportion of taxation in coal prices, guide the rational exploitation and utilization of resources, and promote economic restructuring and economic development in the province (Shanxi Province, the same below).

Taken together, although raw material billet prices have risen slightly, they have not boosted market estimates; market demand is still at an ice-cold point, and good news in the market is difficult to achieve substantive results in the short-term. Businesses are still looking more than empty. Considering that the contradiction between supply and demand in the market is still relatively fierce, it is expected that the market price of steel tubes will be stable and weak in operation tomorrow.