Thermal expansion seamless steel pipe market analysis

April is the traditional peak season of thermal expansion seamless steel pipe, but this season is not flourishing, steel market trend is still weak.

Some operators think steel market is still difficult to recover in May, however, thermal expansion seamless steel pipe price fall space is limited, or there will be a stop falling stabilization, steady rise in market and the overall better than April.

Specific reasons are as follows:

One, inventory is a steel inventories moved forward, steel plant to grow, the price war smoke rise;

Two, the thermal expansion seamless steel pipe production release production, output growth, excess supply to continue;

Three, is the downstream terminal demand situation change has yet to be observed;

Four, is the iron and steel materials such as iron ore market changes affect steel market;

Five, steel mills adjust price policy, influencing late thermal expansion seamless steel pipe market.

Considering above factors, it is expected the it’s difficult to "fire" in May, but will be somewhat better than in April, rebar, wire rod, hot-rolled coil, plate, thermal expansion seamless steel pipe price or will shake up.